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Preparing the Pitch – Central Bank of Ireland Publishes Consultation and Q&A Updates for ILPs and Closed-Ended QIAIFs

The Central Bank of Ireland (the “Central Bank”) has published two documents which are significant steps towards enhancing the private equity and private credit product offerings currently available in Ireland. These...more

A Full House: Proposed Update to Investment Limited Partnership Structure to Further Enhance Ireland’s Alternative Fund Offering

On 20 June, 2019, Ireland’s government released its proposed Investment Limited Partnerships (Amendment) Bill 2019 (the “Bill”) that will update the Investment Limited Partnership (“ILP”) structure....more

The Central Bank of Ireland issues "Dear CEO Letter" regarding compliance with the Fitness and Probity Regime

On 8 April 2019, the Central Bank of Ireland (the “CBI”) issued a Dear CEO Letter (the “Letter”) to the management of all regulated financial services firms (“Regulated Firms”) highlighting what it believes is a lack of...more

Central Bank of Ireland Streamlines Process for UCITS Financial Indices, Share Classes, and Depositary Agreements and Mergers

The Central Bank of Ireland (the “Central Bank”) has introduced welcome changes to the authorisation and post-authorisation of UCITS and Retail AIFs by applying a self-certification process to a number of actions and a new...more

Central Bank of Ireland to Liberate Regulated Loan Origination Funds from Certain Asset Mixing Constraints

In a recent release, the Central Bank of Ireland (CBI) announced its intention to amend, with effect from 7 March 2018, the AIF Rulebook in relation to Loan Originating Qualifying Investor Alternative Investment Funds...more

Time for an Upgrade: Central Bank of Ireland Replaces UCITS Notices and Guidance Notes with Statutory Instrument

For more than 25 years, the essential text for anybody wishing to navigate the regulatory environment for UCITS in Ireland has been the UCITS Notices which were supplemented by UCITS Guidance and then the UCITS Q&A....more

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