Designated Persons

Designated Persons refers to a Pre-Approved Control Function (‘PCF’) that must be approved by the Irish Regulator, the Central Bank of Ireland. There are 6 Management Functions (oversight functions) that must be carried out by a funds Designated Persons on a day to day basis. The 6 functions are the following:

  • Investment Management
  • Fund Risk Management
  • Operational Risk Management
  • Regulatory Compliance
  • Capital & Fianancial Management
  • Distribution