Funds Authorisation Updates (umbrella authorisation process and final authorisation documents 5.00 pm deadline)
Funds
Date:
08 March 2024
UCITS & RIAIFs umbrella applications
UCITS and RIAIF umbrella applications are now to be submitted via the Portal (not via email). For further information, please see updated Authorisation Process for UCITS website page here, Application Form for UCITS website page here and Authorisation Process for AIFs website page here. Standalone UCITS/RIAIFs and new Sub-funds of existing UCITS/RIAIF umbrellas will continue to be submitted through ORION.
The Central Bank has also updated the Section 1 UCITS Application Form located on the Central Bank of Ireland website here and Section 1 RIAIF Application Form located on the Central Bank of Ireland website here.
5.00 pm deadline - final authorisation documents
All QIAIF, UCITS and RIAIFs (whether it is solely a new authorisation or also contains post authorisation amendment(s) will submit final authorisation documents by 5.00 pm on the day prior to the proposed authorisation day).
For UCITS and RIAIFs this will mean the Authorisation Team will require dated documentation to be received no later than 10am on the day prior to the proposed authorisation day but ideally submitted as early as possible. For further information, please see updated Authorisation Process for UCITS website page here and Authorisation Process for AIFs website page here.