Derek Lawlor, BL

This Practice Note explores key elements regarding the authorisation of a MiFID investment firm in Ireland pursuant to the SI No 375/2017 European Union (Markets in Financial Instruments) Regulations 2017 (Ireland) as amended, including the conditions for authorisation, organisational requirements, conduct of business requirements, operating on a cross-border basis, and ongoing regulatory requirements.

This Practice Note explores key elements regarding the authorisation of a UCITS in Ireland. It includes information on what a UCITS is, a description of the various legal forms a UCITS can take, and details of the underpinning regulatory framework governing UCITS. The roles of a UCITS Management Company (UCITS ManCo) and a Depositary are also examined. Furthermore, this Practice Note summarises the passporting rights that allow UCITS funds to be marketed across the European Economic Area (EEA). It also describes when an authorisation process is required by the Central Bank of Ireland (CBI) and what this authorisation process entails.

This Practice Note explores the key elements regarding the authorisation of a UCITS Management Company (UCITS ManCo) in Ireland. It outlines the regulatory framework governing UCITS ManCos, which includes both EU level directives and local Irish regulations. This note details the conditions for authorisation of a UCITS ManCo, including corporate structure, initial capital requirements, and staffing prerequisites. It also discusses the operational conditions UCITS ManCos must adhere to, such as prudential rules, delegation limits, and conduct requirements.

This Practice Note explores key elements regarding the authorisation of an Investment Business Firm in Ireland pursuant to the Investment Intermediaries Act 1995 (Ireland) (as amended) (IIA 1995 (IRL)).

This Practice Note has been archived and is not maintained. It explores key elements regarding the registration of a virtual asset service provider in Ireland.