Central Bank publishes consultation on own funds requirements for UCITS Management Companies and AIFMs authorised to provide discretionary portfolio management services

The Central Bank has published Consultation Paper 152 on own funds requirements for UCITS Management Companies and AIFMs authorised to provide discretionary portfolio management services. 

This consultation seeks stakeholders’ views on the Central Bank proposal to align the own funds requirements for UCITS Management Companies and AIFMs that provide discretionary portfolio management services with the own funds requirements applicable to MiFID investment firms authorised to provide similar services set out in Regulation (EU) 2019/2033 (the Investment Firms Regulation). 

This consultation will remain open until 23 February 2023.