Q. Is a minimum capital requirement report required for the set of accounts provided for in Regulation 98(3)(a)(ii) and Regulation 117(3)(a)(ii) of the Central Bank UCITS Regulations?
A. No. Regulation 98 (in the case of a UCITS management company) and Regulation 117 (in the case of a depositary) of the Central Bank UCITS Regulations provide that a minimum capital requirement report must accompany the annual audited accounts and first set of half yearly accounts only.