Submission of Annual Online Returns to Central Bank
Thu Jun 14 2018
It is a requirement for ALL intermediaries to make an annual return to the Central Bank of Ireland via the online system within 6 months of the end of your accounting period.
Please note: All members who have a year end of the 31st December 2017 are required to make this return before Saturday the 30th of June 2018.
In order to make a timely return, members are advised to commence collating the required information now to make the return. For your reference, please click on this link to bring you to the Central Bank Guidance on making a return and an up to date mock-up of the return is available here.
IMPORTANT – Firms authorised under the Investment Intermediaries Act, 1995 (IIA) – See Below
It is important to note that sole traders, partnerships or an un-incorporated body of persons are required to prepare a Certificate of Solvency in line with 3.7 of the 2014 Handbook of Prudential Requirements for Investment Intermediaries which can be requested by the Central Bank at any time. The Certificate of Solvency is only required to be submitted if requested by the Central Bank.
Sole Traders/Partners/Ltd Companies
Following the submission of the firm’s annual online return, the firms auditor is required to submit a Statutory Duty of Confirmation (SDC) to the Central Bank in relation to the authorised entity. Template copies of SDCs are available from the auditor’s accountancy body. A scanned copy of the SDC should be submitted by e-mail to firstname.lastname@example.org within 1 month of the date of the audit report. The report must state whether or not circumstances have arisen that require the auditor to report a matter to the Central Bank under a prescribed enactment. Members should seek confirmation from their auditor that this requirement has been complied with.
Members who are having technical difficulties with the online Reporting System should contact the Regulatory Transactions Division directly at OnlineReturns@centralbank.ie