Supervision Process for Non-UCITS 

General supervisory and reporting requirements for non-UCITS authorised by the Central Bank and certain firms providing services to such schemes

NU 5 sets out the general supervisory and reporting requirements that apply for non-UCITS authorised by the Central Bank and certain firms providing services to such schemes.

Certain supervisory obligations are derived directly from the provisions of the Unit Trust Act, 1990, the Companies Act, 1990 Part XIII, the Investment Limited Partnership Act, 1994 and the Investment Funds Act, 2005.  Other requirements are imposed by the Central Bank to ensure the proper and orderly regulation of CIS.  

NU 8 sets out general conditions applying to CIS while NU 9 sets out information to be contained in the Prospectus of a CIS.

NU 10 sets out information to be included in monthly returns to the Central Bank of the CIS while NU 11 and Appendices A and B sets out information on the publication of annual and half-yearly reports.

Fitness and Probity

Further information on Fitness and Probity can be found in the non-UCITs Authorisation section and on the Fitness and Probity sub-site.

PRISM

The Probability Risk and Impact SysteMTM (PRISMTM) is the Central Bank’s risk-based framework for the supervision of regulated firms.  For more information visit our PRISMTM section.