Central Bank of Ireland issues year-end deadlines for funds

The letter also includes deadlines for fund managers for post-authorisation amendments; individual questionnaire (IQ) filings; change of service provider filings; investment manager applications; ICAV registration, conversion and migration applications; and fund revocation notifications.

Incomplete applications received by the CBI will be returned to sender, and will not be processed in time for Christmas or year end.

Deadlines for receipt of complete applications for UCITS or Irish retail investment funds (RIAIFs) are as follows:

The CBI must receive executed documentation for UCITS or RIAIF authorisations, approvals or notings required on 24 or 27 December by 12pm on 23 December. The first day of 2020 that funds may be authorised or approved is 2 January 2020. Executed documentation must be received by 3pm on 30 December to make the deadline.

Qualifying Irish alternative investment fund (QIAIF) filings may be submitted for processing as normal through ORION until 20 December. Special deadlines apply after this point, as follows:

QIAIF filings not submitted through ORION will also be processed as normal until 20 December. After this point, the following deadlines apply.

QIAIF change of service provider filings seeking an effective date between 27 December 2019 and 1 January 2020 must be received by the CBI by 5pm on 16 December.

New investment manager applications must be received by the CBI by 5pm on 8 November; and ICAV registration, conversion or migration applications must be received by 5pm on 2 December.

Individual questionnaires relating to qualifying investor alternative investment funds (QIAIFs) must be received by the CBI by 5pm on 2 December. IQs relating to other fund types and fund service providers must be received by 5pm on 22 November.

Finally, funds seeking to revoke at the end of December 2019 must submit a complete application, including payment of the funding levy, by 5pm on 6 December.