On 10 July 2026, the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in Transferable Securities) Regulations 2026 (the “Central Bank UCITS Regulations”), which repeal and replace the 2019 Central Bank UCITS Regulations, were published. Simultaneously, the Central Bank of Ireland (the “Central Bank”) published its Feedback Statement on Consultation Paper 161 (“CP161”) and updated Guidance on Performance Fees for UCITS and certain types of Retail Investor AIFs (the “Guidance”).