Central Bank of Ireland's Guidance on Directors' Time Commitments - Q & A

Funds

Date: 12 September 2016

On 8 September the Central Bank issued a letter to all fund service providers and fund boards providing an update on the director time commitments thematic review. Extensive engagement with directors following the 2015 review has delivered significant progress in reducing concentrations of directorships. The industry letter highlights this and areas for directors to consider when reviewing their capacity to fulfil their directorship roles.  A copy of the letter issued is available here.

For more information on Fund Service Providers click here.