Reporting Requirements for UCITS Management Companies

Financial Returns

Annual Returns

Annual audited accounts of UCITS Management Company must be submitted to the Central Bank within four months of the relevant reporting period end. The accounts must be accompanied by the Minimum Capital Requirement Report, which forms part of the UCITS Notices.

Half-Yearly / Quarterly / Monthly Returns

UCITS Management Companies are required to submit certain financial information to the Central Bank. This includes half-yearly accounts of the management company twice in every financial year within two months of the end of the relevant half year and the Minimum Capital Requirement Report. UCITS Management Companies may be required to submit additional monthly or quarterly financial information. The appropriate reporting interval is advised to a UCITS Management Company on an individual basis.

Online Submission of Financial Returns

UCITS Management Companies must submit a number of financial returns in an electronic format. These returns are submitted through the Central Bank's web-based Central Bank Portal ("the Portal"). The following items should be of assistance when completing returns:

Applicable until May 27th 2024 for all firms holding UCITS Management Company authorisation and/or AIFM authorisation on or before November 27th 2023.

Applicable from November 28th 2023 for Firms authorised from that date as either a UCITS Management Company and/or AIFM and from May 27th 2024 for all firms authorised as either a UCITS Management Company and/or AIFM.

Applicable from November 28th 2023 for Firms authorised from that date as either a UCITS Management Company and/or AIFM and from May 27th 2024 for all firms authorised as either a UCITS Management Company and/or AIFM.

The following table provides a summary of reporting requirements for UCITS Management Companies. Please note that reporting obligations may vary on a firm-by-firm basis.

Co-operation with the Central Bank

UCITS Management Companies are required to notify the Central Bank of any material breaches, the commencement of any significant legal proceedings and any visits/fines by another Supervisory Authority.

External Auditors

Following the audit of a UCITS Management Company's financial statements, the auditor of a UCITS Management Company must supply the Central Bank with a copy of the 'Management Letter' issued to the UCITS Management Company's Board of Directors. Auditors must also make an annual ‘Statutory Duty Confirmation’ to the Central Bank stating whether any circumstances came to their attention during their annual audit that gave rise to a duty to report the matter(s).