The Central Bank has published Guidelines for all Fund Service Providers subject to the Investor Money Regulations. FSPs should notify the Bank as soon as they become aware of an IMR breach, potential future breach or other reportable matter relating to the IMR. Reportable matters are envisaged to include potential IT-related breaches, material reconciliation differences and material funding requirements. The Guidelines provide a template Client Asset/Investor Money Reporting template which must be submitted via the Central Bank’s Online Reporting system.
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