CBI Thematic Review – Fund Management Companies’ Governance, Management & Effectiveness

CalQRisk Analysis – Central Bank of Ireland Thematic Review

Fund Management Companies’ Governance, Management & Effectiveness

The Central Bank of Ireland (CBI) recently published the outcome of its thematic review on the implementation of its framework for governance, management and oversight in Fund Management Companies (FMCs).

Overall, the review found that where the framework was correctly applied by firms, it ensured robust governance and oversight arrangements. However, a significant number of FMCs have not fully implemented the framework, with many only able to demonstrate limited changes since the introduction of the framework several years ago.

As a result of these findings, the CBI has requested that all FMCs critically assess themselves against the relevant requirements, as well as against the findings in the thematic review. This assessment and associated action plan must be agreed and approved by the Board by the end of Q1 2021.

Read our analysis of the key findings here.








If you are interested in learning more about how CalQRisk can help with Governance, Risk and Compliance in your organisation, click here to contact us.

Recent News

The Golden Thread – Governance, Risk & Compliance

A joined-up approach to governance, risk and compliance (GRC) is something all GRC practitioners aspire to – but, ...
Read More

Dark Patterns, Hidden in Plain Sight

If you’ve spent any time on the internet, chances are you will have experienced ‘Dark Patterns’ and may ...
Read More

Over 100 Credit Unions Now Using CalQRisk

CalQRisk now has over 100 credit unions actively using their Governance, Risk Management and Compliance solution across the ...
Read More
risk management words

Governance, Risk and Compliance – An Integrated Process

Three-letter acronyms. Love them or hate them, we can appreciate that they are convenient shortcuts. Many of us ...
Read More

Paralympics Ireland choose CalQRisk to streamline their Governance, Risk & Compliance efforts 

Paralympics Ireland has recently implemented the CalQRisk solution to streamline their Governance, Risk Management and Compliance efforts.  Paralympics ...
Read More

Changes to ISO 27001

ISO 27001 is an international standard that outlines the requirements for an information security management system (ISMS). It ...
Read More

DORA – What you need to know

The purpose of the EU’s new Digital Operational Resilience Act (DORA) is to ensure the safety and security ...
Read More

ILCU and CalQRisk form Alliance

The Irish League of Credit Unions (ILCU) has collaborated with CalQRisk to offer a best-in-class governance, risk management ...
Read More

Top Cyber Risks in 2023

In 2023, there are several cyber risks of which organisations and individuals should be aware. These risks can ...
Read More
office meeting at sunrise

10 Things to Ask When Outsourcing / Choosing a Supplier

Many organisations choose to outsource critical functions or services to third parties/contractors. However, outsourcing the work does not ...
Read More