Central Bank Opens Streamlined AIFMD II / UCITS VI Filing Process

The Central Bank of Ireland (CBI) has published its process clarification for fund documentation updates arising from AIFMD II (Directive 2024/927/EU). The new streamlined filing process is now live and is designed to support an orderly and flexible implementation of AIFMD II for Irish UCITS and AIFs.

Key takeaways:

Process now open

• The streamlined filing process opened on 2 March 2026.
• It applies to all existing UCITS and AIFs.
• There is no fixed closing date. The CBI will give adequate advance notice before closing the process, allowing firms time to plan documentation updates.

Scope of permitted updates

• Updates to fund prospectuses, supplements, and constitutional documents arising from the implementation of AIFMD II and amendments to the revised AIF Rulebook and Central Bank UCITS Regulations (once published).
• Any other updates required as part of a prospectus and/or supplement refresh, subject to the below exclusions.

Prospectus documentation updates outside scope of the streamlined filing process

• Changes to the fund’s/sub-fund’s investment objective, policy, or strategy which are material changes will remain subject to full CBI post-authorisation review.
• SFDR reclassifications must be submitted via the CBI’s Portal in line with existing processes.
• Where a new fund or sub-fund application has been filed with the CBI and is currently under review, the disclosures will remain subject to standard review by the Fund Authorisations team.

Filing requirements

• Submit revised final dated documents to the dedicated mailbox at AIFMDII@centralbank.ie by close of business on the relevant date for automated noting.
• Date documents as at the submission date.
• Include an attestation from the UCITS management company/AIFM confirming that amendments do not represent a change to the fund’s/sub-fund’s investment objective, policy, or strategy.
• The email subject line must follow the format: AIFMD II [Name of Management Company] [Name of Umbrella Fund/Standalone/Sub-Fund(s)]. For subsequent filings for the same fund add "Filing 2" (or the relevant number) to the subject line and reference previous filing dates.

CBI sample review

The CBI will carry out a sample review of filings noted via the streamlined process. Changes may be required following that review.

Contact us

Contact your usual A&L Goodbody LLP Asset Management & Investment funds contact if you have any questions or require assistance with the documentation update process.

Date published: 2 March 2026