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Central Bank of Ireland draft cross-industry outsourcing guidance

Tuesday, 1st June 2021
Central Bank of Ireland draft cross-industry outsourcing guidance


The Central Bank of Ireland (CBI) published draft cross industry guidance on outsourcing for consultation. Firms have until 26 July 2021 to respond to the consultation. The CBI  expects the Guidance to be finalised and published in late 2021. The Asset Management & Investment Funds team and the Financial Regulatory Investigations team discuss some key points of the proposed outsourcing guidance for investment funds and investment firms in this 5 minute audio as part of our Soundbite Series.

You can read a more detailed note about the outsourcing proposals and investment funds here and a summary of the outsourcing consultation from the Financial Regulation and Investigations team here. 

  • Picture of Sinead Prunty
    Sinead Prunty
    Knowledge Lawyer, Financial Regulation
      Sinéad is a Knowledge Lawyer in A&L Goodbody's Financial Regulation and Investigations Team. Sinéad joined us from the Enforcement and Anti-Money Laundering Directorate of the Central Bank of Ireland and specialises in financial regulation, compliance and the Administrative Sanctions Procedure.
  • Picture of Ann Shiels
    Ann Shiels
    Knowledge Lawyer, Asset Management & Investment Funds
    Ann Shiels is an Associate and Knowledge Lawyer in the Asset Management & Investment Funds team. Ann has over 20 years’ experience in the investment funds industry. She has worked in house as an Irish custodian and administrator, in practice in Jersey, Channel Islands and has been an associate in the Asset Management & Investment Funds team since 2008.