Feb 8, 2021

CP86 compliance following CBI’s regulatory review

CP86 compliance of Irish fund management companies (ManCos) and self-managed investment companies (SMICs) has evolved considerably since 2014. In 2020, the Central Bank of Ireland (CBI) conducted a review of Irish fund management companies (FMCs) in 2020, which found that many firms are falling short of implementing the necessary framework for governance, management and oversight to meet CP86 compliance. The review provides clarity as to the regulator’s intentions.