CP86: Getting the plan right
Irish fund management companies have until the end of March to devise their plan for CP86, the Central Bank of Ireland’s governance framework. In a webinar hosted by
Funds Europe, a panel of experts outlined the critical elements in the framework and what firms should consider when putting their plan together.
The Central Bank of Ireland’s (CBI’s) governance framework, CP86, was introduced in 2016 and took effect a year later. It was thrust to the forefront of fund managers’ minds when a ‘Dear Chair’ letter published by the CBI in October 2020 criticised the industry for failing to meet its requirements fully.