Insights

Visibility is not ownership: reading the Central Bank’s CSA feedback on compliance and internal audit
Aug 24, 2026
The Central Bank has published its feedback report on the Common Supervisory Action on Compliance and Internal Audit Functions in the Investment Funds Sector, flowing from...
Read More
Thoughts on the CBI’s thematic review of delegation across the fund management company (FMC) sector
Aug 24, 2026
The Central Bank has marked the sector's delegation homework. Now every Board has to mark its own. On independence, substance, and why the smart first move is a rapid,...
Read More
UCITS management companies and AIFMs need to get ahead of ESMA’s 2nd & 3rd line CSA
Dec 9, 2025
Integrated Second- and Third-Line Assurance: Get ahead of ESMA’s CSA on the second and third lines The European Securities and Markets Authority’s (ESMA) 2025 Common...
Read More
What might the Central Bank of Ireland’s thematic inspection priorities look like in 2026?
Dec 9, 2025
What might the Central Bank of Ireland’s thematic inspection priorities look like in 2026? The Central Bank’s (the CBI) Regulatory & Supervisory Outlook (RSO)...
Read More
Introducing Vantage Point Partners — Protect. Optimise. Grow.
Oct 21, 2025
Financial services leaders are under relentless pressure. Regulatory scrutiny is rising. Costs are climbing. Supervisory expectations are intensifying. And disruptive forces...
Read More

Delegation and control functions: two reviews, one deadline

The delegation review carries the hard date: a time-bound remediation plan in place before the end of 2026. The CSA feedback asks for time-bound plans without naming a date, with follow-up through ongoing supervisory engagement. Year end is the sensible anchor for both, and a review needs to start by early November to be board-approved in time.

Talk to us