Central Bank’s end of year deadlines for applications and filings

The Central Bank of Ireland has set out its end of year deadlines for submitting applications and filing.

14 November 2024

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The Central Bank of Ireland has made known the cut off times for submitting the following applications

  • QIAIFs - authorisations, approvals, notings and change of service provider filings
  • Professional ELTIFs, UCITS, RIAIFs and retail ELTIFs – authorisations, approvals and notings and
  • ICAVs - registrations, conversions and migrations.

The cut off times for submitting complete applications are as follows

1. QIAIFs and professional ELTIFs

Authorisations, approvals and notings

Where the fund is seeking authorisation, approval or noting on:

  • Until 20 December normal timeframes apply;
  • 23 and 24 December the new deadline is 3pm on 20 December;
  • 27 December the new deadline is 3pm on 23 December;
  • 30 and 31 December the new deadline is 3pm on 27 December; and
  • 2 January 2025 the new deadline is 5pm on 30 December

Change of service provider fillings (QIAIFs)

Where the current effective date is:

  • 27 December to 1 January 2025 the new deadline is 5 pm on 13 December

2. ICAVs

Registration, conversion or migration

Where the current effective date is:

  • 23 to 31 December the new deadline is 5 pm on 6 December

3. UCITS, RIAIFs and retail ELTIFs

Authorisations, approvals and notings

Where executed documentation is required on:

  • 23, 24, 27 30 and/or 31 December the new deadline is close of business 19 December

To prioritise applications considered likely to be authorised or approved prior to year-end:

  • no new Draft 1 applications; and
  • no applications not reasonably expected to be in a position to submit for authorisation/approval by Thursday, 19 December

should be submitted to the Central Bank after close of business on Friday 13 December.

Where an application (initial and later draft) is received after close of business on Friday 13 December 2024, it will have a received date of 2 January 2025.

From 2 January 2025, applications may be submitted to the Central Bank.

Executed documentation for funds seeking authorisation, approval or noting on 2 January 2025 (the first day of the new year on which funds may be authorised or approved and/or post-authorisation updates noted) must be received by close of business on Monday, 30 December.

4. Fund Service Provider authorisations

Where a firm intends to submit an Acquiring Transaction notification between 20 December and 3 January 2025, it should engage with the Fund Service Provider Authorisation Team before 20 December by emailing onlineauthorisation@centralbank.ie.

5. Funds seeking revocation

A fund seeking to revoke at the end of December 2024 must submit a complete revocation application, including payment of the funding levy, by 5pm on 13 December.

This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.