Amendments Processing for IIA Non Retail Firms 

There are additional ongoing requirements that apply to firms authorised under the IIA. The following list is not exhaustive and is intended to serve as a guide only. If any firm is unclear of its obligations they should contact the Asset Management Supervision Directorate. Contact details are available in the Contact Us section. 

Change of Director/Manager

A completed Individual Questionnaire ('IQ') must be submitted in respect of each director and senior manager.  Please note that the Central Bank of Ireland's new Fitness and Probity regime will come into effect on 1 December 2011.  For further information on the current process and the new process to come into effect on 1 December 2011, please click on the following link.

Change in Qualifying Holding

Changes to qualifying holdings in Investment Business Firms authorised under the IIA are subject to the approval of the Central Bank and details of the exact requirements are set out in the IIA. The acquiring transaction notification form for Investment Business Firms, authorised under the IIA, can be located here. Firms are obliged to advise the Central Bank on an annual basis of its ownership structure.

Change of Company Name

The Central Bank must first approve any change in company name before it is submitted to the Companies Registration Office.

Application for Extension of Authorisation

An application by a firm to extend its authorisation requires review and the prior approval of the Central Bank. 

Capital Contributions and Subordinated Loans

Capital contributions and subordinated loans are accepted as part of the financial resources requirement provided they are executed in the Central Bank’s approved format.  Application forms for both can be found in the Forms section.

Change of Address

Any change of address by a company must be notified in advance to the Asset Management Supervision Directorate. This will allow us to update our records and systems on a timely basis.

Other changes

If there is uncertainty regarding whether a change within a firm constitutes a material change for supervisory purposes you should contact the Asset Management Supervision Directorate directly.