Key Developments on AIFMD II Implementation

As highlighted in recent updates, we have been actively engaging with the authorities regarding the transposition of AIFMD II and the related updates to the AIF Rulebook and UCITS Regulations. We are pleased to confirm that the enabling Statutory Instruments (S.I.s) have been signed by the Tánaiste last week and became effective as of Friday, 1 May. 

In addition, the Central Bank of Ireland is expected to publish the updates to their AIF Rulebook in the days following the publication of the S.I.s.

The considerable work done by member firm representatives and the Irish Funds team has ensured we will maximise the opportunity to provide a broader range of compelling fund solutions which reflect the harmonisation which AIFMD II brings with it. We will be gathering feedback as the changes become operable and support members via our groups, communications, events and portal materials.