Introduction
1. The Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in Transferable Securities) Regulations 2015 (the “Central Bank UCITS Regulations”) were published in October 2015 and came into effect 1 November 2015. The Central Bank undertook to keep the Central Bank UCITS Regulations under review and, if necessary, to update them periodically.
2. In the process of the annual review of the Central Bank UCITS Regulations a number of amendments have been identified and are set out in this Consultation paper.
3. It is also proposed to incorporate previous amendments to the Central Bank UCITS Regulations into a consolidated version of the Regulations.
4. The purpose of the Consultation Paper is to set out details of the amendments and to elicit feedback from stakeholders on the proposals.
Format of this Consultation Paper
5. Section I contains details of the amendments to take account of matters arising from the 2017 revi
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