Asset Management & Investment Funds Q&A: March 2018

Question

What is the Central Bank of Ireland (Central Bank) deadline by which Money Market Funds which are availing of a transitional period must submit all documents requiring review to the Central Bank?

Answer

The Central Bank has written to industry to advise that Money Market Funds which are availing of a transitional period (which is available under Article 44(1) of the Money Market Fund Regulation), must submit all documents requiring review to the Central Bank no later than 1 September 2018. This will allow the Central Bank to manage this transitional period and ensure a decision on an application for authorisation can be made by the 21 January 2019 deadline. 

Date Published: 06 April 2018