Industry commentators are largely against the Central Bank of Ireland's (CBI) recent decision to maintain requirements for ETFs to offer full daily portfolio disclosure, especially in light of the impact on active ETFs, although others argue the regulation is necessary to ensure transparency in this part of the market.
On 14 September, the CBI revealed a number of regulatory changes for ETFs listed in Ireland in its feedback statement from Discussion Paper 6 - Exchange Traded Funds, including allowing investment funds to establish both listed and unlisted share classes within a single fund structure. It will also permit different dealing times for hedged and unhedged share classes within the same ETF. However, the Irish regulator said there would be no change to the requirement for ETFs to provide daily portfolio disclosure, despite the majority of respondents saying there was less of a need for transp...
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