Regulatory Requirements for Irish Domiciled Funds
| Course Provider |  |
| Dates Duration | 5th October 2010 9 am - 5 pm |
| Venue | Clarion Hotel, IFSC, Dublin 1 |
| Course Fees | Full Fee: €525 Network Members Fee: €315 |
Objectives
At the end of this course participants will be able to
- Describe in detail the Irish regulatory environment
- Outline the regulatory development of UCITS and non-UCITS funds from the original regulations through UCITS III and up to and including the UCITS IV Directive
- Describe the requirements for authorisation of a fund as a UCITS or non-UCITS
- Describe the requirements of the Financial Regulator regarding the approval of and role of the trustee/custodian and management company/self-managed investment company for both UCITS and non-UCITS funds
- Outline the requirements regarding, and necessary contents of, both the full and the simplified prospectus for UCITS and non-UCITS funds
- Highlight the essential elements of key agreements entered into on behalf of a fund
- Outline the UCITS provisions regarding eligible assets and investment restrictions
- Outline the UCITS provisions regarding financial derivative instruments and the risk management process
- Describe recent and expected regulatory developments affecting the funds industry
Content
- Introduction
- Legal structures
- Trust
- Company
- Partnership
- Common contractual fund - Fund authorisation process
- Documentation
- Prospectus
- Trust Deed/Memorandum & Articles of Association
- Application Form
- Key contracts
- Derivatives risk management process - Parties
- Promoter
- Management company
- Investment manager
- Trustee/Custodian
- Administrator - Investments:
- Eligible assets & investment restrictions
- Financial derivative instruments - Current Developments
- UCITS IV
- Directive on Alternative Investment Fund Managers
Who Should Attend?
Experienced fund professionals including fund administrators, managers, trustees, lawyers, auditors, accountants and consultants who need a greater understanding of the regulatory environment in which Irish-domiciled funds operate.