Document background
The Sub Management Agreement is utilized when a primary management entity wishes to delegate certain management functions to another entity while maintaining regulatory compliance and operational efficiency. This document is particularly relevant in the Irish financial services sector, where regulatory oversight by the Central Bank of Ireland necessitates careful structuring of delegation arrangements. The agreement encompasses detailed provisions for service delivery, regulatory compliance, risk management, and reporting requirements, ensuring alignment with Irish financial services regulations and EU directives. It is commonly used by regulated entities such as fund managers, investment firms, and corporate service providers operating in Ireland who need to establish clear frameworks for delegated management responsibilities while maintaining appropriate oversight and control.
