The UCITS IV package of measures seeks to enhance efficiencies in Europe’s UCITS market by facilitating cross-border fund consolidation and improving regulatory notification and cooperation procedures.
A further key aim of UCITS IV is to simplify the information provided to investors. Additional regulatory, governance and organisational requirements and duties were also added to the Directive.
The deadline for implementation of the UCITS IV Directive was 1st July 2011 and Ireland is UCITS IV ready. The revised UCITS Regulations were issued along with the updated Central Bank UCITS Notices and Guidance Notes in advance of the July 1st deadline.
UCITS IV overview
The key features of UCITS IV are:
On April 27 2011 IFIA hosted a workshop with the Central Bank to discuss the proposals for the practical implementation of the KIID.
Presentation on the implications of the key provisions of the UCITS IV Directive.
Taking a look at some of the key aspects of the Directive
What are the strategic and operational implications of UCITS IV for investment managers and fund service providers?
Our approach to problem solving can uncover new opportunities for your company and through UCITS IV we can deliver novel solutions that will give you a competitive advantage in this emerging market.
Deloitte article in Accountancy Ireland discussing the opportunities and challenges presented by the new master-feeder structure under UCITS IV.
Deloitte flyer providing an overview of UCITS IV
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T: +353 1 417 2444
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