Investment managers and investment advisers to authorised collective investment schemes (CIS) approval and disclosure

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Investment managers and investment advisers to authorised collective investment schemes (CIS) approval and disclosure"

Transcription

1 2004 Investment Managers and Investment Advisers to authorised collective investment schemes (CIS) Investment managers and investment advisers to authorised collective investment schemes (CIS) November 2004

2 Contents. Investment Advisers 2 2. Investment Managers 3

3 Investment Managers and Investment Advisers to authorised collective investment schemes (CIS) approval and disclosure The Central Bank of Ireland, ("the Central Bank"), has certain policies in relation to: (i) (ii) the approval of investment managers and investment advisers appointed to authorised CIS; disclosure of details relating to investment managers and advisers in documentation issued by CIS.. Investment Advisers An investment adviser is defined as a firm which provides investment advice only and does not have discretionary powers over any of the assets of the CIS. a. The Central Bank will not apply an approval process to investment advisers provided that the manager/directors of the CIS confirm that the advisers in question will act in an advisory capacity only and will have no discretionary powers over any of the assets of the CIS. b. The Central Bank will not carry out a formal review of the investment advisory agreement provided that the manager/directors of the CIS confirm that the agreement does not: provide for any discretionary management powers; conflict with regulations and conditions applicable to Irish CIS. The Central Bank will require receipt of all investment advisory agreements, in order to facilitate reference in the event of issues arising. c. The Central Bank will not require details of the investment adviser to be published in the prospectus 2 unless appointed directly by the CIS. 2 Investment advisers subject to the Investment Intermediaries Act, 995 ( the IIA ) must of course obtain the appropriate authorisation under that act. A prospectus may however include additional disclosure regarding investment advisers in accordance with the particular policy of the CIS. 2

4 2. Investment Managers An investment manager is appointed either directly by the CIS or the management company of a CIS, or indirectly, as sub-investment manager by an investment manager, to manage assets of a CIS on a discretionary basis. 2a. An investment manager, or sub-investment manager, who has an authorisation to carry out discretionary asset management under ISD 3 implementing legislation in a Member State of the EEA, will not be subject to an additional regulatory approval process by the Central Bank. However, if the firm does not appear on the ISD passport register 4, the Central Bank may require separate verification of its home State authorisation. Non-EEA/non-ISD firms remain subject to the full approval process. 2b. In general, investment management agreements are subject to a fast-track approval process. The Central Bank s procedures will review, in particular, those provisions dealing with duties, indemnity/liability and fees. 2c. Details of the principal investment manager must be disclosed in the prospectus of a CIS. The Central Bank will not require disclosure of sub-investment managers unless these are paid directly by the CIS. The prospectus should, however, state that this information will be provided to unitholders on request. Details of all sub-investment managers will be required to be disclosed in the periodic reports issued by the CIS. Financial Institutions and Funds Authorisation Central Bank of Ireland 2 November The European Union Investment Services Directive (93/22/EEC) ( the ISD ) The ISD passport register is maintained by the Bank based on notifications by EEA regulators that regulated firms intend to passport certain investment services into the State. 3

5 T F Bosca OP 559, Sráid an Dáma, Baile Átha Cliath 2, Éire PO. Box No 559, Dame Street, Dublin 2, Ireland 4

Guidance Note 1/01. Guidance Note 2/03

Guidance Note 1/01. Guidance Note 2/03 2008 Guidance Note 1/01 Guidance Note 2/03 Undertakings for Collective Investment in Transferable Securities (UCITS) Acceptable investments in other collective investment undertakings April 2008 1 Contents

More information

How to Finalise the Debt Management Firm Annual Return

How to Finalise the Debt Management Firm Annual Return 2016 How to Finalise the Debt Management Firm Annual Return 3 How-to Guide to Finalising the Debt Management Firm Return ANNUAL RETURN FOR DEBT MANAGEMENT FIRMS This how-to guide should be read in conjunction

More information

Addendum to Consumer Protection Code 2012

Addendum to Consumer Protection Code 2012 2016 Addendum to Consumer Protection Code 2012 CONSUMER PROTECTION CODE 2012 Contents of the Addendum to the Consumer Protection Code 2012: Part 1: Addendum for Increased Protections for Variable Rate

More information

Authorisation Requirements for Bureau de Change Businesses. Authorisation Requirements and Standards for Bureaux de Change Businesses

Authorisation Requirements for Bureau de Change Businesses. Authorisation Requirements and Standards for Bureaux de Change Businesses 2011 Authorisation Requirements for Bureau de Change Businesses Authorisation Requirements and Standards for Bureaux de Change Businesses Authorisation Requirements and Standards for Bureaux de Change

More information

Fitness and Probity Standards (Code issued under Section 50 of the Central Bank Reform Act 2010)

Fitness and Probity Standards (Code issued under Section 50 of the Central Bank Reform Act 2010) 2014 Fitness and Probity Standards (Code issued under Section 50 of the Central Bank Reform Act 2010) Fitness and Probity Standards 1 Contents 1. Introduction 2 2. Fitness and Probity Standards 8 3. Conduct

More information

Guidance Note 2/07. Guidance Note 2/07. Undertakings for Collective Investment in Transferable Securities (UCITS) Financial Indices.

Guidance Note 2/07. Guidance Note 2/07. Undertakings for Collective Investment in Transferable Securities (UCITS) Financial Indices. 2013 Guidance Note 2/07 Guidance Note 2/07 Undertakings for Collective Investment in Transferable Securities (UCITS) Financial Indices February 2013 1 Contents Background and Overview 2 1. Regulatory Requirements

More information

Guidance Note 1/01. Guidance Note 3/07

Guidance Note 1/01. Guidance Note 3/07 2007 Guidance Note 1/01 Guidance Note 3/07 Undertakings for Collective Investment in Transferable Securities (UCITS) Structured Products and Complex Trading Strategies Prospectus Disclosure Requirements

More information

Guidelines on Completing and Submitting Life Insurance, Non- Life Insurance and Reinsurance Applications

Guidelines on Completing and Submitting Life Insurance, Non- Life Insurance and Reinsurance Applications 2015 Guidelines on Completing and Submitting Life Insurance, Non- Life Insurance and Reinsurance Applications 1 Contents Introduction 3 Criteria for Assessing Applications 5 Making an Application 6 Application

More information

July 2014. Handbook of Prudential Requirements for Investment Intermediaries. Page 0 of 12 Page 0 of 12

July 2014. Handbook of Prudential Requirements for Investment Intermediaries. Page 0 of 12 Page 0 of 12 July 2014 Handbook of Prudential Requirements for Investment Intermediaries Page 0 of 12 Page 0 of 12 Handbook of Prudential Requirements for Investment Intermediaries Contents Table of Contents Introduction

More information

Stockbrokers Revenue Analysis Report Guidance Note

Stockbrokers Revenue Analysis Report Guidance Note 2012 Stockbrokers Revenue Analysis Report Guidance Note 1 Stockbrokers Revenue Analysis Report Guidance Note General 1. The Stockbrokers Revenue Analysis Report is applicable to all investment firms authorised

More information

Authorisation Requirements and Standards for Debt Management Firms

Authorisation Requirements and Standards for Debt Management Firms 2013 Authorisation Requirements and Standards for Debt Management Firms 2 Contents Authorisation Requirements and Standards for Debt Management Firms Contents Chapter Part A: Authorisation Requirements

More information

Corporate Governance Code for Captive Insurance and Captive Reinsurance Undertakings Guidelines on the Annual Compliance Statement in accordance with

Corporate Governance Code for Captive Insurance and Captive Reinsurance Undertakings Guidelines on the Annual Compliance Statement in accordance with 2011 Corporate Governance Code for Captive Insurance and Captive Reinsurance Undertakings Guidelines on the Annual Compliance Statement in accordance with Section 18 Guidelines on the Annual Compliance

More information

Finance Company of Ireland Ltd.

Finance Company of Ireland Ltd. TERMS OF BUSINESS These Terms of Business set out the basis on which Finance Company of Ireland Ltd will provide business services to you as an individual private client of the firm. Please take a minute

More information

Code of Conduct on Mortgage Arrears

Code of Conduct on Mortgage Arrears 2010 Code of Conduct on Mortgage Arrears CHAPTER 1 SCOPE INTRODUCTION This Code sets out how mortgage lenders (referred to in this document as lenders ) must treat borrowers in or facing mortgage arrears,

More information

Fund Management Company Boards - Feedback statement on consultation on delegate oversight guidance

Fund Management Company Boards - Feedback statement on consultation on delegate oversight guidance 2015 - Feedback statement on consultation on delegate oversight guidance 1 Contents Introduction 2 Feedback on consultation on Delegate Oversight Guidance 3 2 Introduction 1. On 12 June 2015 the Central

More information

Corporate Governance Code for Collective Investment Schemes and Management Companies

Corporate Governance Code for Collective Investment Schemes and Management Companies Corporate Governance Code for Collective Investment Schemes and Management Companies Corporate Governance Code Page 1 Transitional Arrangements Whilst this Code is voluntary in nature, its adoption is

More information

Undertakings for Collective Investment in Transferable Securities (UCITS) Organisation of Management Companies. October 2015

Undertakings for Collective Investment in Transferable Securities (UCITS) Organisation of Management Companies. October 2015 2015 Organisation of management companies October 2015 Undertakings for Collective Investment in Transferable Securities (UCITS) Organisation of Management Companies October 2015 1 Contents Introduction

More information

Code of Conduct for Business Lending to Small and Medium Enterprises

Code of Conduct for Business Lending to Small and Medium Enterprises 2012 Code of Conduct for Business Lending to Small and Medium Enterprises Scope This Code applies to all business lending by regulated entities. This Code shall not apply to Credit Unions. Credit Union

More information

Corporate Governance Code for Captive Insurance and Captive Reinsurance Undertakings

Corporate Governance Code for Captive Insurance and Captive Reinsurance Undertakings 2011 Corporate Governance Code for Captive Insurance and Captive Reinsurance Undertakings 3 Contents Section No. Contents Page No. 1 Scope 4 2 Definitions 6 3 Legal Basis 8 4 Reporting to the Central Bank

More information

Summary Report of the Payment Protection Insurance Review

Summary Report of the Payment Protection Insurance Review 2014 Summary Report of the Payment Protection Insurance Review 1 Summary Report of the Payment Protection Insurance Review Contents Introduction 2 What is Payment Protection Insurance? 2 Why the Central

More information

Consultation on Impact Based Levies and Other Levy Related Matters CP 61

Consultation on Impact Based Levies and Other Levy Related Matters CP 61 2012 Consultation on Impact Based Levies and Other Levy Related Matters CP 61 Page 1 CP61 Consultation on Impact Based Levies and Other Levy Related Matters Contents 1. Executive Summary 2 2. Why do we

More information

Promoters and Investment Managers

Promoters and Investment Managers Promoters and Investment Managers of Irish-Authorised Investment Funds briefing This briefing deals only with the requirements of the Central Bank of Ireland (the Central Bank ) for the approval of the

More information

Guidance Note

Guidance Note Minimum Capital Requirement Report Guidance Note for Non UCITS Management Companies, Administration Companies and Trustee Companies 2013 Assignment of Reporting Responsibilities for Irish Authorised Investment

More information

Guidance Note 3/99. Guidance Note 2/99. Money Market Funds: European Central Bank Reporting Requirements. December 2011

Guidance Note 3/99. Guidance Note 2/99. Money Market Funds: European Central Bank Reporting Requirements. December 2011 2011 Guidance Note 3/99 Guidance Note 2/99 Money Market Funds: European Central Bank Reporting Requirements December 2011 1 Contents Contents 1. Introduction... 3 2. Background... 3 3. Money Market Funds

More information

Fund Management Companies Guidance

Fund Management Companies Guidance 2015 Fund Management Companies - Guidance Fund Management Companies Guidance November 2015 1 Contents Part I. Delegate Oversight 2 Part II. Organisational Effectiveness 24 Part III. Directors Time Commitments

More information

Executive Benefits Limited

Executive Benefits Limited Executive Benefits Limited Athgoe Lodge, Newcastle, Co. Dublin. Ph: (01)4589369 Email: info@ebl.ie Internet: www.ebl.ie Executive Benefits Limited is regulated by the Central Bank of Ireland Terms of Business

More information

Policy on the Management of Country Risk by Credit Institutions

Policy on the Management of Country Risk by Credit Institutions 2013 Policy on the Management of Country Risk by Credit Institutions 1 Policy on the Management of Country Risk by Credit Institutions Contents 1. Introduction and Application 2 1.1 Application of this

More information

November 2015. Increased Protections for Variable Rate Mortgage Holders. Consultation Paper CP 98

November 2015. Increased Protections for Variable Rate Mortgage Holders. Consultation Paper CP 98 November 2015 Increased Protections for Variable Rate Mortgage Holders Consultation Paper CP 98 1 1. Introduction Taking out a mortgage is one of the biggest financial decisions most consumers make in

More information

on Asset Management Management

on Asset Management Management 2008 Guidelines for for Insurance Insurance Undertakings Undertakings on Asset on Asset Management Management 2 Contents Context...3 1. General...3 2. Introduction...3 3. Regulations and guidelines for

More information

TERMS OF BUSINESS. Registered as an Insurance Intermediary under the European Communities (Insurance Mediation) Regulations, 2005 (as amended).

TERMS OF BUSINESS. Registered as an Insurance Intermediary under the European Communities (Insurance Mediation) Regulations, 2005 (as amended). TERMS OF BUSINESS INTRODUCTION The purpose of this document is to set out the basis on which Campion Insurances Limited trading as Campion Insurance, Bestquote.ie and ISME Insurance Services will provide

More information

TERMS OF BUSINESS This document is valid from January 01 st 2015 until further notice.

TERMS OF BUSINESS This document is valid from January 01 st 2015 until further notice. TERMS OF BUSINESS This document is valid from January 01 st 2015 until further notice. Independent Mortgage Centre Ltd of 77 South Mall, Cork specialise in the provision of Mortgage Services, Life Assurance

More information

Our Terms of Business

Our Terms of Business Our Terms of Business This document is valid from 23 rd February 2015 until further notice City Life Galway Financial Services Ltd., t/a City Life Galway, 17. St. Mary s Road, Galway T: 091 520608 E: pat@citylifegalway.ie

More information

Guidance Note 1/05. Undertakings for Collective Investment in Transferable Securities (UCITS) Publication of a Simplified Prospectus.

Guidance Note 1/05. Undertakings for Collective Investment in Transferable Securities (UCITS) Publication of a Simplified Prospectus. 2008 Guidance Note 1/05 Guidance Note 1/05 Undertakings for Collective Investment in Transferable Securities (UCITS) Publication of a Simplified Prospectus April 2008 1 Contents 1. General Rules 2 2. Format

More information

STATUTORY INSTRUMENTS. S.I. No. 42 of 2015 CENTRAL BANK ACT 1942 (FINANCIAL SERVICES OMBUDSMAN COUNCIL) LEVIES AND FEES REGULATIONS 2015

STATUTORY INSTRUMENTS. S.I. No. 42 of 2015 CENTRAL BANK ACT 1942 (FINANCIAL SERVICES OMBUDSMAN COUNCIL) LEVIES AND FEES REGULATIONS 2015 STATUTORY INSTRUMENTS. S.I. No. 42 of 2015 CENTRAL BANK ACT 1942 (FINANCIAL SERVICES OMBUDSMAN COUNCIL) LEVIES AND FEES REGULATIONS 2015 2 [42] S.I. No. 42 of 2015 CENTRAL BANK ACT 1942 (FINANCIAL SERVICES

More information

UCITS NOTICES UCITS NOTICES

UCITS NOTICES UCITS NOTICES 2013 UCITS NOTICES UCITS NOTICES Undertakings for Collective Investment in Transferable Securities authorised under European Communities (Undertakings for Collective Investment in Transferable Securities)

More information

Terms of Business - Effective from January 2015

Terms of Business - Effective from January 2015 Terms of Business - Effective from January 2015 Gowran Insurance Consultants Ltd t/a McGowan Insurances These Terms of Business set out the general terms under which our firm will provide business services

More information

STATUTORY INSTRUMENTS. CENTRAL BANK (SUPERVISION AND ENFORCEMENT) ACT 2013 (SECTION 48(1)) CLIENT ASSET REGULATIONS 2015 FOR INVESTMENT FIRMS

STATUTORY INSTRUMENTS. CENTRAL BANK (SUPERVISION AND ENFORCEMENT) ACT 2013 (SECTION 48(1)) CLIENT ASSET REGULATIONS 2015 FOR INVESTMENT FIRMS STATUTORY INSTRUMENTS. S.I. No. )04, of 2015 CENTRAL BANK (SUPERVISION AND ENFORCEMENT) ACT 2013 (SECTION 48(1)) CLIENT ASSET REGULATIONS 2015 FOR INVESTMENT FIRMS S.I. No. (74 of 2015 CENTRAL BANK (SUPERVISION

More information

Apex Risk Advisors Limited trading as Apex Insurance Brokers 7 South Mall, Cork. Fax: 021 2399204 www.apexinsurance.ie

Apex Risk Advisors Limited trading as Apex Insurance Brokers 7 South Mall, Cork. Fax: 021 2399204 www.apexinsurance.ie Apex Risk Advisors Limited trading as Apex Insurance Brokers Tel: 021 2398864 7 South Mall, Cork. Fax: 021 2399204 www.apexinsurance.ie General Terms of Business These terms of business set out the basis

More information

FINREP for Irish Investment Firms Guidance Note (updated July 2012)

FINREP for Irish Investment Firms Guidance Note (updated July 2012) 2011 FINREP for Irish Investment Firms Guidance Note (updated July 2012) 1 FINREP for Irish Investment Firms Guidance Note updated July 2012 Contents Introduction 2 Important Notes 3 General Notes 4 Table

More information

Monthly Metrics Report Guidance Note for Irish Investment Firms

Monthly Metrics Report Guidance Note for Irish Investment Firms 2012 Monthly Metrics Report Guidance Note for Irish Investment Firms 1 Monthly Metrics Report Guidance Note for Irish Investment Firms General 1. The Monthly Metrics Report is applicable to all investment

More information

Guidance Note 4/07. Undertakings for Collective Investment in Transferable Securities (UCITS) Organisation of Management Companies.

Guidance Note 4/07. Undertakings for Collective Investment in Transferable Securities (UCITS) Organisation of Management Companies. 2013 Guidance Note 4/07 Guidance Note 4/07 Undertakings for Collective Investment in Transferable Securities (UCITS) Organisation of Management Companies February 2013 1 Contents A. Introduction 3 B. Information

More information

Investment services appointment

Investment services appointment For customers International investment solutions Investment services appointment About this form You should use this form if you wish to: n appoint a new Investment Adviser, Custodian and/or Investment

More information

Terms of Business. Murray & Spelman Ltd. Name: T/A Murray # Spelman Insurance & Finance. Name & Contact Details:

Terms of Business. Murray & Spelman Ltd. Name: T/A Murray # Spelman Insurance & Finance. Name & Contact Details: Terms of Business Murray & Spelman Ltd T/A Murray # Spelman Insurance & Finance Name & Contact Details: Name: Mr. Michael Culhane (Managing Director) Telephone Number: 091759500 Company Murray & Spelman

More information

STATUTORY INSTRUMENTS. S.I. No. 335 of 2014 THE CENTRAL BANK ACT 1942 (SECTION 32D) REGULATIONS 2014

STATUTORY INSTRUMENTS. S.I. No. 335 of 2014 THE CENTRAL BANK ACT 1942 (SECTION 32D) REGULATIONS 2014 STATUTORY INSTRUMENTS. S.I. No. 335 of 2014 THE CENTRAL BANK ACT 1942 (SECTION 32D) REGULATIONS 2014 2 [335] S.I. No. 335 of 2014 THE CENTRAL BANK ACT 1942 (SECTION 32D) REGULATIONS 2014 In exercise of

More information

Checklist for Completing and Submitting Life Insurance Applications under the European Union (Insurance and Reinsurance) Regulations 2015

Checklist for Completing and Submitting Life Insurance Applications under the European Union (Insurance and Reinsurance) Regulations 2015 2015 Checklist for Completing and Submitting Life Insurance Applications under the European Union (Insurance and Reinsurance) Regulations 2015 Applicant Central Bank of Ireland Checklist Notes: Complete

More information

April 2015. Client Asset Requirements for Investment Firms. Introduction

April 2015. Client Asset Requirements for Investment Firms. Introduction April 2015 Client Asset Requirements for Investment Firms Introduction On 2 August 2013, the Central Bank of Ireland ( Central Bank ) published Consultation Paper CP 71 ( CP 71 ) on proposed Client Asset

More information

March Guidance on Client Asset Regulations For Investment Firms

March Guidance on Client Asset Regulations For Investment Firms March 2015 2012 Guidance on Client Asset Regulations For Investment Firms 2 Revision History Date Version Description 30 March 2015 1.0 Final Contents 1. Purpose and Effect of the Guidance 1 2. Structure

More information

Brazil Financial Planning Ltd acts as an Independent Broker which means that:

Brazil Financial Planning Ltd acts as an Independent Broker which means that: Terms of Business Brazil Financial Planning Ltd These Terms of Business set out the general terms under which our firm will provide business services to you and the respective duties and responsibilities

More information

Framework for a Pilot Approach to the Co-ordinated Resolution of Multiple Debts owed by a Distressed Borrower 8 May 2013

Framework for a Pilot Approach to the Co-ordinated Resolution of Multiple Debts owed by a Distressed Borrower 8 May 2013 2013 Framework for a Pilot Approach to the Co-ordinated Resolution of Multiple Debts owed by a Distressed Borrower 8 May 2013 2 Contents Introduction... 3 Scope... 4 Principles... 5 Restructuring Waterfall...

More information

STATUTORY INSTRUMENTS. S.I. No. 429 of 2015 THE CENTRAL BANK ACT 1942 (SECTION 32D) REGULATIONS 2015

STATUTORY INSTRUMENTS. S.I. No. 429 of 2015 THE CENTRAL BANK ACT 1942 (SECTION 32D) REGULATIONS 2015 STATUTORY INSTRUMENTS. S.I. No. 429 of 2015 THE CENTRAL BANK ACT 1942 (SECTION 32D) REGULATIONS 2015 2 [429] S.I. No. 429 of 2015 THE CENTRAL BANK ACT 1942 (SECTION 32D) REGULATIONS 2015 In exercise of

More information

Terms of Business. McLaughlin & Greaney Limited (t/a Future)

Terms of Business. McLaughlin & Greaney Limited (t/a Future) Terms of Business McLaughlin & Greaney Limited (t/a Future) McLaughlin & Greaney Limited t/a Future These Terms of Business set out the general terms under which our firm will provide business services

More information

Consumer Protection Code for Licensed Moneylenders

Consumer Protection Code for Licensed Moneylenders Consumer Protection Code for Licensed Moneylenders January 2009 Legislative Basis This Code is issued by and in the name of the Irish Financial Services Regulatory Authority ( the Financial Regulator )

More information

Domestic Actuarial Regime and Related Governance Requirements under Solvency II

Domestic Actuarial Regime and Related Governance Requirements under Solvency II 2015 Domestic Actuarial Regime and Related Governance Requirements under Solvency II 1 Domestic Actuarial Regime and Related Governance Requirements under Solvency II Contents 1. Introduction...2 1.1 Background...

More information

Members of the PIBA Financial Broker Network. Terms of Business

Members of the PIBA Financial Broker Network. Terms of Business Members of the PIBA Financial Broker Network Terms of Business Bluechip Financial Consultants Ltd Terms of Business Cover Letter Client Name: BLUECHIP FINANCIAL CONSULTANTS LIMITED Status Bluechip Financial

More information

Bank of Ireland Insurance Services Limited ( BIIS )

Bank of Ireland Insurance Services Limited ( BIIS ) Bank of Ireland Insurance Services Limited ( BIIS ) Terms of Business Our legal name is Bank of Ireland Insurance Services Limited The Terms of Business set out below provides the basis on which BIIS will

More information

A Guide to Investment Funds in Ireland

A Guide to Investment Funds in Ireland A The firm is flexible, responsive, business like and highly commercial. Chambers Global INTRODUCTION We have prepared this guide for the benefit of fund promoters and professional advisers who may be

More information

Investment Funds. In Ireland. Investment Funds. Dublin, London & New York

Investment Funds. In Ireland. Investment Funds. Dublin, London & New York Dublin, London & New York Investment Funds In Ireland Investment Funds Investment Funds In Ireland Investment Funds... 5 1. Introduction... 6 2. UCITS... 7 3. Non-UCITS... 12 4. Global Distribution of

More information

Fitness & Probity Individual Questionnaire (IQ) Application Guidance

Fitness & Probity Individual Questionnaire (IQ) Application Guidance 2015 Fitness & Probity Individual Questionnaire (IQ) Application Guidance Page 1 Table of Contents Table of Contents... 2 Purpose of this Guidance... 3 Points on using the System... 3 Section 1: Preliminary

More information

Guidelines on Breach and Incident Reporting for MiFID Firms

Guidelines on Breach and Incident Reporting for MiFID Firms 2015 Guidelines on Breach and Incident Reporting for MiFID Firms General 1. These Guidelines apply to all investment firms authorised under S.I. No. 60 of 2007, the European Communities (Markets in Financial

More information

Prudential International

Prudential International For Adviser use only Prudential International Anti Money Laundering (AML) Requirements Guide for New Business,Top ups and Payments Out > Anti Money Laundering (AML) Requirements New Business and Top-ups

More information

Mortgage Arrears A Consumer Guide to Dealing with your Lender

Mortgage Arrears A Consumer Guide to Dealing with your Lender 2012 Mortgage Arrears A Consumer Guide to Dealing with your Lender 1 Mortgage Arrears A Consumer Guide to Dealing with Your Lender Contents Introduction 2 Dealing with your lender 2 Information your lender

More information

MERRION STOCKBROKERS LIMITED TERMS OF BUSINESS

MERRION STOCKBROKERS LIMITED TERMS OF BUSINESS MERRION STOCKBROKERS LIMITED TERMS OF BUSINESS Merrion Stockbrokers Limited is regulated by the Central Bank of Ireland and is a member firm of the Irish Stock Exchange and the London Stock Exchange. o

More information

I attach for your information a document setting out the terms under which my firm will provide insurance and investment business services to you.

I attach for your information a document setting out the terms under which my firm will provide insurance and investment business services to you. Executive Benefits Limited Athgoe Lodge, Newcastle, Co. Dublin. Phone/Fax: (01)4589369. Internet: www.ebl.ie Email: info@ebl.ie Executive Benefits Limited is regulated by the Financial Regulator To: Name:

More information

RETAIL FINANCIAL PRODUCT: LIFE ASSURANCE

RETAIL FINANCIAL PRODUCT: LIFE ASSURANCE 18.0.14 The Minimum Competency Requirements for Retail Financial Products as detailed under the Minimum Competency Code 2011 RETAIL FINANCIAL PRODUCT: LIFE ASSURANCE SUBJECT MATTER COMPETENCIES 1. THE

More information

RISK MANAGEMENT PLAN

RISK MANAGEMENT PLAN RISK MANAGEMENT PLAN FSP name : Sentraal-Suid Koöperasie Beperk FSP number : 1107 person : James Ackhurst Sel. 082 388 0030, E-pos: james@ssk.co.za officer : Jaconette de Beer Sel. 082 820 9370, E-pos:

More information

Terms of Business Finance Life & Pensions Ltd t/a Cregan Kelly Financial Services.

Terms of Business Finance Life & Pensions Ltd t/a Cregan Kelly Financial Services. Terms of Business Finance Life & Pensions Ltd t/a Cregan Kelly Financial Services. These Terms of Business set out the general terms under which our firm will provide business services to you and the respective

More information

Execution-Only Service Terms. (and related documentation)

Execution-Only Service Terms. (and related documentation) Execution-Only Service Terms (and related documentation) Please note that this booklet includes the Execution-Only Service Terms, the Appendices, the Risk Disclosure Statement, the Order Execution Policy,

More information

I can confirm that both companies are separate entities but there are some common Directors of both companies.

I can confirm that both companies are separate entities but there are some common Directors of both companies. Terms of Business Brownell Insurances Ltd Life & Pensions Mortgage Brokers Independent Financial Advisors Brownell Insurance Ltd. TERMS OF BUSINESS. These terms of business set out the general terms under

More information

UCITS IV: Management Companies, and passports. February 2011

UCITS IV: Management Companies, and passports. February 2011 February 2011 This briefing paper sets out the new provisions which will apply to UCITS Management Companies, explains how the passport is now designed to work, and summarises the changes made to the long

More information

Generali PanEurope Group Income Protection

Generali PanEurope Group Income Protection Generali PanEurope Group Income Protection EmployeE CLAIM FORM AND GUIDE TO THE Claims Process 2 Group Income Protection Employee Guide to the Claims Process Group Income Protection is designed to provide

More information

Review of Conduct of Business Rules for Financial Services Providers. March 2004 CONSULTATION PAPER CP2

Review of Conduct of Business Rules for Financial Services Providers. March 2004 CONSULTATION PAPER CP2 Review of Conduct of Business Rules for Financial Services Providers March 2004 CONSULTATION PAPER CP2 Table Of Contents Introduction 3 Purpose of this review 4 Guiding Principles 4 To whom do the codes

More information

Setting up a Gibraltar Asset Management Company

Setting up a Gibraltar Asset Management Company Setting up a Gibraltar Asset Management Company 1. Why choose Gibraltar as a jurisdiction in which to set up an asset management company Gibraltar is within the European Union Regulated in accordance with

More information

The Singapore General Insurance Code of Practice

The Singapore General Insurance Code of Practice Updated on 6.8.2012 APPENDIX A GENERAL INSURANCE ASSOCIATION OF SINGAPORE The Singapore General Insurance Code of Practice Revised Copy (6 Aug 2012) Contents 1 Our commitments 2 Marketing 2.1 Advertising

More information

Execution-Only Service Terms

Execution-Only Service Terms Execution-Only Service Terms Please note that these Execution-Only Service Terms include and incorporate the Terms & Conditions, the Appendix, the Risk Disclosure Statement, the Order Execution Policy,

More information

*I do not wish to be contacted or receive information on products and services available from Naas Insurance & Finance

*I do not wish to be contacted or receive information on products and services available from Naas Insurance & Finance Terms of business Naas Insurance Consultants Ltd. Trading as Naas Insurance and Finance, 15 Sth. Main St., Naas, Co. Kildare Directors: Tom O Keeffe, Adrienne o Keeffe. Telephone no 45 874444 fax no 45

More information

Claiming compensation when an investment firm fails An information booklet for private investors

Claiming compensation when an investment firm fails An information booklet for private investors INVESTOR COMPENSATION COMPANY LIMITED www.investorcompensation.ie Claiming compensation when an investment firm fails An information booklet for private investors August 2012 * Q. 2.22 added in May 2014

More information

Terms of Business. Regulated Activities Our principal business is mortgage lending and this activity is regulated by the Central Bank of Ireland.

Terms of Business. Regulated Activities Our principal business is mortgage lending and this activity is regulated by the Central Bank of Ireland. Terms of Business Provided in accordance with the Consumer Protection Code 2012 issued by the Central Bank of Ireland and can be found on the Central Bank s website www.centralbank.ie About Us Our legal

More information

This document explains the service you are being offered and how you will pay for it.

This document explains the service you are being offered and how you will pay for it. CLIENT AGREEMENT This document explains the service you are being offered and how you will pay for it. 1. Commencement date This Client Agreement comes into effect on the date you receive it from us. 2.

More information

Cross-border distribution of collective investment schemes

Cross-border distribution of collective investment schemes Cross-border distribution of collective investment schemes www.practicallaw.com/8-525-9194 Christophe Rapin, Alexander Vogel, Christophe Pétermann and Reto Luthiger In February 2012 there were 1,388 Swiss

More information

Establishing a Qualifying Investor AIF in Ireland

Establishing a Qualifying Investor AIF in Ireland Establishing a Qualifying Investor AIF in Ireland Irish Tax Firm of the Year 2013, The International Tax Review Client Choice 2013, International Law Office Financial Times Matheson is the only Irish law

More information

Austin Suite Business & Innovation Centre Sunderland SR5 2TA

Austin Suite Business & Innovation Centre Sunderland SR5 2TA TERMS OF ENGAGEMENT Investment Mortgage Protection Financial Planning WJR Financial Solutions Limited Austin Suite Business & Innovation Centre Sunderland SR5 2TA 06/2015 V1.1 1. Authorisation Statement

More information

Terms of Business. Liam D. Ferguson, trading as Ferguson & Associates Version 1.12 Effective from January 2012 until further notice

Terms of Business. Liam D. Ferguson, trading as Ferguson & Associates Version 1.12 Effective from January 2012 until further notice Terms of Business Liam D. Ferguson, trading as Ferguson & Associates Version 1.12 Effective from January 2012 until further notice These Terms of Business set out the general terms under which our firm

More information

International Portfolio Bond for Wrap 1/40

International Portfolio Bond for Wrap 1/40 International Portfolio Bond for Wrap 1/40 Introduction to your International Portfolio Bond for Wrap policy provisions The document attached contains the legal terms and conditions that govern our relationship

More information

Guidance Note on Credit and Credit Control for Credit Unions. October 2007. Office of the Registrar of Credit Unions

Guidance Note on Credit and Credit Control for Credit Unions. October 2007. Office of the Registrar of Credit Unions Guidance Note on Credit and Credit Control for Credit Unions October 2007 Office of the Registrar of Credit Unions Contents Page Introduction 2 1. The Board of Directors 3 2. Credit Policy 5 3. Credit

More information

Dillon Eustace Regulatory and Compliance Services

Dillon Eustace Regulatory and Compliance Services Dillon Eustace Regulatory and Compliance Services Contents Dillon Eustace Regulatory and Compliance Services 1. Dillon Eustace Regulatory and Compliance Services Page 3 2. Start Up Authorisations Page

More information

A Guide to MiFID Investment Services in Ireland

A Guide to MiFID Investment Services in Ireland A Guide to MiFID Investment Services in Ireland Contents Heading Contents Heading Page x MiFID Background Page 2 Application of MiFID in Ireland Page 4 Does your business come within the scope of the MiFID

More information

Notification Process for (Re)Insurance Undertakings when Outsourcing Critical or Important Functions or Activities under Solvency II

Notification Process for (Re)Insurance Undertakings when Outsourcing Critical or Important Functions or Activities under Solvency II Functions or Activities 2016 Notification Process for (Re)Insurance Undertakings when Outsourcing Critical or Important Functions or Activities under Solvency II 1 Functions or Activities Contents 1. Background

More information

Terms of Business Cedarhill Financial Thinking Limited

Terms of Business Cedarhill Financial Thinking Limited Terms of Business Cedarhill Financial Thinking Limited Legal Name: Cedarhill Financial Thinking Limited Address: Carmichael House,, Contact Details: Telephone: 01 6024700, Effective Date: 7 th July 2015

More information

STATUTORY INSTRUMENTS. S.I. No. 137 of 2014 CENTRAL BANK ACT 1942 (FINANCIAL SERVICES OMBUDSMAN COUNCIL) LEVIES AND FEES (AMENDMENT) REGULATIONS 2014

STATUTORY INSTRUMENTS. S.I. No. 137 of 2014 CENTRAL BANK ACT 1942 (FINANCIAL SERVICES OMBUDSMAN COUNCIL) LEVIES AND FEES (AMENDMENT) REGULATIONS 2014 STATUTORY INSTRUMENTS. S.I. No. 137 of 2014 CENTRAL BANK ACT 1942 (FINANCIAL SERVICES OMBUDSMAN COUNCIL) LEVIES AND FEES (AMENDMENT) REGULATIONS 2014 2 [137] S.I. No. 137 of 2014 CENTRAL BANK ACT 1942

More information

THE COMMITTEE OF EUROPEAN SECURITIES REGULATORS

THE COMMITTEE OF EUROPEAN SECURITIES REGULATORS THE COMMITTEE OF EUROPEAN SECURITIES REGULATORS Before printing this document, please be aware of its size! Regarding the provisions quoted in the response below, as far as possible, hyperlinks to these

More information

May. Investor Money Regulations - Industry Presentation - 20 May 2015

May. Investor Money Regulations - Industry Presentation - 20 May 2015 May 2015 2012 Investor Money Regulations - Industry Presentation - 20 May 2015 2 Important Note: Information provided herein is provided as a discussion summary to accompany the slides circulated in relation

More information

COLLECTIVE INVESTMENT SCHEMES IN IRELAND

COLLECTIVE INVESTMENT SCHEMES IN IRELAND COLLECTIVE INVESTMENT SCHEMES IN IRELAND INDEX Page Introduction 1 Form of Collective Investment Schemes 2 Regulatory Authorities 4 Establishing Fund Management Operations in the IFSC 6 Approval of Promoter

More information

Government of Ireland 2006

Government of Ireland 2006 Government of Ireland 2006 BAILE ÁTHA CLIATH ARNA FHOILSIÚ AG OIFIG AN tsoláthair Le ceannach díreach ón OIFIG DHÍOLTA FOILSEACHÁN RIALTAIS TEACH SUN ALLIANCE, SRÁID THEACH LAIGHEAN, BAILE ÁTHA CLIATH

More information

CONFLICTS OF INTEREST MANAGEMENT POLICY

CONFLICTS OF INTEREST MANAGEMENT POLICY Investment Group Conflicts of Interest Management Policy 1 CONFLICTS OF INTEREST MANAGEMENT POLICY ( THE POLICY ) Version 3 Policy Control Effective date of Implementation 19 April 2011 Policy Owner Reviewed

More information

TERMS OF BUSINESS OF IRISH LIFE

TERMS OF BUSINESS OF IRISH LIFE PENSIONS INVESTMENTS LIFE INSURANCE TERMS OF BUSINESS OF IRISH LIFE CONTACT US IRISH LIFE ASSURANCE PLC IRISH LIFE CENTRE LOWER ABBEY STREET DUBLIN 1 PHONE: 01 704 1010 YOU CAN PHONE US: Monday to Thursday

More information

GUIDELINES ON COMPLIANCE FUNCTION FOR FUND MANAGEMENT COMPANIES

GUIDELINES ON COMPLIANCE FUNCTION FOR FUND MANAGEMENT COMPANIES GUIDELINES ON COMPLIANCE FUNCTION FOR FUND MANAGEMENT COMPANIES Issued: 15 March 2005 Revised: 25 April 2014 1 P a g e List of Revision Revision Effective Date 1 st Revision 23 May 2011 2 nd Revision 16

More information

CESR Consultation Paper on UCITS Management Company Passport

CESR Consultation Paper on UCITS Management Company Passport News Bulletin October 24, 2008 CESR Consultation Paper on UCITS Management Company Passport Background On 30 th September 2008, the Committee of European Securities Regulators ( CESR ) issued a consultation

More information

M&C Funds. Dated 26 November 2012

M&C Funds. Dated 26 November 2012 Prospectus Dated 26 November 2012 M&C Funds is an open-ended umbrella unit trust established as an undertaking for collective investment in transferable securities pursuant to the European Communities

More information

P.M Brennan L.A.C Ltd T/A Irish Health Insurance is regulated by the Central Bank of Ireland.

P.M Brennan L.A.C Ltd T/A Irish Health Insurance is regulated by the Central Bank of Ireland. Date Subject: Terms of Business & Client Acknowledgement Letter Dear Client, P.M Brennan Life Assurance Consultant Ltd T/A Irish Health Insurance (hereafter referred to by the trading name Irish Health

More information