CBI feedback on it's consultation paper
The Central Bank has issued feedback (Feedback) on its “Consultation on Fund Management Company Effectiveness – Delegate Oversight’ (CP86) (the “Consultation”).
It has also issued consequential guidance on related subjects including Guidance on Organisational Effectiveness and Guidance on Directors’ Time Commitments. The original version of CP86 included draft Guidance on Fund Management Companies – Delegate Oversight. The Central Bank of Ireland (CBI) has now re-issued that as a consultation in its own right and is inviting submissions from industry. Each of these developments is considered in detail in our paper, which is available to read in the attachment.