Pot of Gold No Longer Required
From Ucits IV to Ucits V and soon to be Ucits VI, Ucits are an ever-evolving product developing to address changes in markets and industry. In addition to changes at the European level, Irish Ucits are also evolving domestically. A key example of this is the upcoming removal of the long-standing Central Bank of Ireland requirement to have a “promoter” for Ucits, in line with a similar change for AIFs in 2013 when the AIFMD came into effect.
Read "Pot of Gold No Longer Required".