March 2014
Investment Manager
Application
Updated 7 March 2014
APPLICATION FORM
TO ACT AS INVESTMENT MANAGER TO IRISH AUTHORISED
INVESTMENT FUNDS
oNL
THIS FORM MUST BE COMPLETED BY ENTITIES WHO ARE PROPOSED
INVESTMENT MANAGERS TO IRISH AUTHORISED INVESTMENT FUNDS1 AND
WHO ARE NOT AUTHORISED UNDER ONE OF THE FOLLOWING DIRECTIVES:
DIRECTIVE 2009/65/EC (UCITS); DIRECTIVE 2006/48/EC (BANKS); DIRECTIVE
2004/39/EC (MIFID) AND DIRECTIVE 2011/61/EU (AIFMD)
THIS FORM MUST BE COMPLETED AND SIGNED BY THE APPLICANT FIRM
ALL QUESTIONS MUST BE ANSWERED IN FULL
Name of Applicant Firm:
…………………………………………………….
Registered Address:
…………………………………………………….
Telephone:
…………………………………………………….
Website Address:
…………………………………………………….
Email:
…………………………………………………….
Date of Application:
…………………………………………………….
CERTIFICATION BY THE APPLICANT FIRM
I (we) confirm that I (we) have truthfully answered the relevant questions in this form and
disclosed any other information, which might be reasonably considered relevant for the
purposes of this application.
I (we) will promptly notify the Central Bank of any changes to the information provided and
supply any additional information, which may come to light in the period during which the
application is being considered
Name:
_____________________________________
Authorised Signatory of the Applicant Firm
Position held:
_____________________________________
1
UCITS under the European Communities (UCITS) Regulations 2011;Unit trusts under the Unit Trusts Act 1990;
Investment companies under the Companies Act 1990 Part XIII; Investment limited partnerships under the Investment
Limited Partnerships Act 1994; Common contractual funds under the Investment Funds, Companies and Miscellaneous
Provisions Act 2005
SECTION 1
BACKGROUND & EXPERTISE
BACKGROUND
1.1
Date of establishment:
...………………………………………….
1.2
Primary activity:
...………………………………………….
1.3
Number of employees :
……………………………………………
1.4
Countries of operation:
……………………………………………
EXPERIENCE
1.5
Experience of the applicant in the investment management of investment funds:
1.5.1
Insert/attach details of the applicant’s track record in the investment
management of investment funds, focussing on asset type / investment strategy,
geographic/economic sector, etc;
1.5.2
In the case of newly established firms, or firms with no previous track record
in the investment management of investment funds, a detailed Curriculum
Vitae showing the expertise of the key individuals/directors/senior
management must be provided to include:
-
date of birth
Indication of residency
details of relevant professional qualifications
memberships of any professional bodies, exchanges or associations
obtained or applied for
Organisation structure chart showing reporting lines;
Comprehensive information on relevant investment fund/asset
management experience of the relevant individuals.
PROPOSED INVESTMENT FUND(s)
1.6
Identify the investment fund(s) which the applicant intends to manage and provide a
summary of the authorisation status, investment policies, asset classes and strategies
involved and the target investors (retail/qualifying).
SECTION 2
REGULATORY INFORMATION
2.1
Confirm the applicant is authorised or registered for the purpose of asset management
and subject to supervision.
Attach:
2.1.1
2.1.2
evidence of regulatory status and relevant contact details (name
registration number, contact name, address, telephone number and
email) for the regulatory body concerned.
Details of services and relevant instrument types for which the
applicant has received authorisation
2.2
Confirm that the applicant has not, in the last 10 years, been the subject of an
investigation into allegations of misconduct or malpractice in connection with
investment business or any other financial services, or is currently under investigation
by any regulatory authority? If “Yes”, attach full details on a separate sheet.
2.3
The Central Bank will, on a case-by-case basis, consider applications from an
unregulated firm.
SECTION 3
OWNERSHIP STRUCTURE
3.1
Attach an organisation chart detailing the applicant’s shareholder structure and/or
position within the group, showing relevant percentage holdings.
3.2
Provide details of all shareholders who directly or indirectly hold shares or other
interest in the applicant firm which represents 10 per cent or more of its capital or
voting rights (“qualifying shareholders”).
3.2.1
In the case of corporate owners, provide latest audited accounts for direct
parents of the applicant firm. Where the entity does not produce audited
accounts, please provide a copy of latest unaudited accounts/management
accounts.
3.2.2
In the case of individual owners, provide detailed curriculum vitae including all
relevant information and full employment history.
3.2.3
If the relevant owner is a trust, summary details of the trust must be provided;
SECTION 4
FINANCIAL INFORMATION
4.1
Provide details of the applicant’s assets under management in the table below:
UCITS
€
Alternative
Investment
Funds (AIF)
€
NonInvestment
Funds€
Total
€
Retail
Institutional
Private
4.2
Financial Statements of Accounts
Attach a copy of the latest audited accounts. Where audited accounts are not available,
the Central Bank will consider the following alternatives:
1. Where the applicant is not required to/does not produce audited financial
statements, provide a copy of its latest tax returns;
2. Where the applicant is not required to/does not produce audited financial
statements or tax returns, provide a copy of latest available unaudited financial
statements/management accounts.
3. Where an applicant is newly established or does not produce standalone accounts
an auditor’s confirmation of financial position is required.
4. Where an applicant does not produce standalone accounts and its financial data is
consolidated at group level, provide a copy of the most recent consolidated
accounts, referencing financial data specific to the applicant, in particular, the level
of paid up share capital.
T +353 1 224 6000
F +353 1 478 2196
www.centralbank.ie
[email protected]
Cúirt Uíbh Eachach, Bloc D, Bóthar Fhearchair, Baile Átha Cliath 2, Éire
Iveagh Court, Block D, Harcourt Road, Dublin 2, Ireland