The Central Bank of Ireland (CBI) has revealed a number of regulatory changes for ETFs listed in Ireland, while highlighting concerns around the 'key role' of authorised participants in the secondary market.
In its feedback statement from "Discussion Paper 6 - Exchange Traded Funds", the CBI said it would permit different dealing times for hedged and unhedged share classes within the same ETF and would also allow investment funds to establish both listed and unlisted share classes within a single fund structure. However, the Irish regulator revealed there was no change to the requirement to have daily portfolio disclosure despite calls from the majority of respondents to have less transparency, in particular with regards to active ETFs. The CBI said respondents were in favour of a more "n...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
