Q. I am a UCITS management company passporting into Ireland. I intend to act as management company to Irish authorised UCITS. Will the agreement(s) with the UCITS be required to be subject to Irish governing law?
A. The law governing the agreement between a UCITS management company and an Irish authorised UCITS is a matter for the parties to that agreement to determine by exercising the duty to act in the best interests of the investors in the UCITS.