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IoD Response to the Central Bank Consultation on Fund Management Effectiveness – Delegate Oversight

Consultations

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In September 2014 the Central Bank of Ireland opened a public consultation process on Fund Management Effectiveness – Delegate Oversight.

The consultation focused on four key measures aimed at encouraging and supporting the continuous improvement of fund management company effectiveness by providing guidance on good practices, removing overlapping managerial functions, widening the net for potential fund management company directors and tightening the authorisation process.