Central Bank of Ireland unveils ETF regulatory changes following discussion paper

Regulator highlights APs as key risk

Tom Eckett
clock • 2 min read

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...

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