Ireland Update: Industry Letter – UCITS Liquidity Risk Management

On 19 May 2021, the Central Bank of Ireland (the “Central Bank”) published a letter it sent to all Irish authorised UCITS managers (including self-managed UCITS) relating to its review of UCITS liquidity risk management. As detailed in this letter, such entities are required to undertake a review of their liquidity risk management processes, systems, controls and policies before the end of 2021. 

Our advisory provides an overview of the Central Bank's letter and its expectations in respect of liquidity risk management.

 

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