There are additional ongoing requirements in relation to UCITS Management Companies once they are authorised.
The following list is not exhaustive and is intended to serve as a guide. If any UCITS Management Company is unclear of its obligations they should contact the Investment Firms and Fund Supervision Division.
Change of Director/Manager
Any change of director/manager should be notified to the Central Bank. This includes both proposed appointments and resignations. All proposed appointees are subject to the ‘Fitness & Probity’ regime
Change in Qualifying Holding
Changes to qualifying holdings in UCITS Management Companies are subject to the approval of the Central Bank; details of the exact requirements are set out in the UCITS Regulations. Firms are obliged to advise the Central Bank on an annual basis of their ownership structure.
Change of Company name
The Central Bank must first approve any change in company name before it is submitted to the Companies Registration Office.
Application for extension of authorisation
Applications to extend authorisation requires the prior approval of the Central Bank. Please see the Authorisation section for further information.
Capital Contributions and Subordinated Loans
Capital contributions are accepted as part of the financial resources requirement provided they are executed in the Central Bank's approved format.
Change of Address
Any change of address by a company must be notified in advance to the Investment Firms and Fund Supervision Division. This will allow us to update our records and systems on a timely basis.
If there is uncertainty regarding whether a change constitutes a material change for supervisory purposes you should contact the Investment Firms and Fund Supervision Division directly. Contact details are available in the ‘Contact Us’ section.