Q. I am a UCITS management company and I want to amend my business plan. Do I need to submit a draft business plan to the Central Bank so that it can review and approve those changes in advance?
A. The business plan must be kept up to date but there is no need to submit changes to the business plan to the Central Bank for review or approval. The business plan must be provided on request to the Central Bank.
Where you propose to engage in any significant new activities, you must consult with the Central Bank in advance in accordance with Regulation 103 of the Central Bank UCITS Regulations