ETF SERVICE OFFERING
A Complete Solution for Legal, Registration and Listing Requirements of ETFs
maples.com
THE MAPLES GROUP ETF TEAM
Our ETF Team has earned industry-wide recognition for providing bespoke, cost effective services and innovative solutions for the establishment and market entry of ETFs on a multi-jurisdictional basis. We are uniquely placed in the Irish market to offer clients a fully consolidated legal, registrations and listing service for ETFs. By combining expert local knowledge with full project management functionality, we deliver a powerful and efficient multi-jurisdictional solution, which frees valuable internal resources and generates significant added-value for our clients.
maples.com
LEGAL SERVICES Our long-standing leading ETF Team is comprised of leading lawyers and experienced industry professionals with a wealth of experience in advising clients on regulatory requirements and how to manage regulatory risk within their business. We deliver practical, solution-focused and expert advice on the impact of developments at both Irish and European level as well as providing guidance on all legal, technical, operational and regulatory matters in relation to the establishment and on-going obligations for ETFs in Ireland. We support our clients in dealing with the Central Bank of Ireland (“Central Bank”) in a constructive and pro-active manner.
Given the depth of our knowledge and market share, we are well placed to support existing clients and those market entrants around the establishment and maintenance of ETFs, the implications of the current changes to ETFs and on the trends and areas of interest in the broader ETF market generally.
We have the unique experience of having led on the first European conversion of a mutual fund to an ETF. This required integration of the necessary elements of the ETF ecosystem into a previously existing mutual fund context.
210 +
We currently represent 210+ ETFS1.
20
We advise 20% of the issuers of Irish-domiciled ETFs including numerous innovative ETF products2, comprising large institutional banks as well as niche issuers.
%
We are at the forefront of the approval process of ETFs with the Central Bank and take an active role in industry development on ETF matters through our role on the Irish Funds ETF Working Group.
1 Inclusive of sub-funds. 2 Source: Central Bank of Ireland Register of Authorised UCITS, as at 1 February 2021.
maples.com
DISTRIBUTION OF ETFs Our Global Registration Services (“GRS“) and Listing Teams support our UCITS and UCITS ETFs clients (domiciled in Ireland and Luxembourg) by providing a full range of services, from market entry to on-going maintenance and compliance. The GRS Team provides support and assistance to managers looking to sell their UCITS ETFs in foreign markets. Our experience covers in excess of 80 countries across Europe, Asia Pacific and other EMEA countries. We offer our clients a range of services addressing regulatory aspects to help optimise fund
distribution activities globally. We believe that by having a dedicated team solely focused on registration business, coupled with our experience in dealing with a broad range of local services, we provide the best service to our clients and can proactively identify areas where economies of scale can be achieved.
Our core GRS service offering includes:
Market Intelligence
Local and overseas stock exchange listings on all major European exchanges
Market entry through the EEA Passport and / or restricted offerings
Maintenance and ongoing compliance
maples.com
LISTING OF ETFs The Maples Group Listing Team have been providing listing services since 2006. We provide specialist support and assistance with both the initial listing application process and on-going maintenance.
We provide listing services to approximately 38% of all Euronext Dublin-listed ETFs and have arranged listings on major global stock exchanges including Euronext Amsterdam, Euronext Paris, Euronext Lisbon, Euronext Brussels, Deutsche Börse, Borsa Italiana and SIX. We also assist with the admission of ETFs to trading on the London Stock Exchange.
maples.com
CONTACTS Legal Peter Stapleton Managing Partner +353 1 619 2024 peter.stapleton@maples.com Adam Donoghue Partner, Co-Head of Funds & Investment Management +353 1 619 2041 adam.donoghue@maples.com Eimear O’Dwyer Partner, Co-Head of Funds & Investment Management +353 1 619 2065 eimear.odwyer@maples.com Deirdre McIlvenna Partner +353 1 619 2064 deirdre.mcilvenna@maples.com Niamh O’Shea Partner +353 1 619 2722 niamh.oshea@maples.com Colm O’Donoghue Associate +353 1 619 2116 colm.odonoghue@maples.com Laura O’Connor Associate +353 1 619 2115 laura.oconnor@maples.com
Global Registration and Listing Services Emma Conaty Head of Global Registration Services +353 1 619 2708 emma.conaty@maples.com Clare McIntyre Global Fund Registration & Listing Manager +353 1 619 7003 clare.mcIntyre@maples.com
maples.com