An Overview: The Post-Brexit Landscape Takes Shape
Following the triggering of Article 50, the potential post-Brexit landscape is beginning to take shape.
In this context, Irish Funds on behalf of Ireland's funds industry continues to provide insight on strategies to minimise disruption and maximise the access of global firms to Irish market capabilities.
The reasons why investment managers (both indigenous UK firms and international firms with a presence in the UK) already look to Ireland as their international funds partner will continue beyond Brexit and those who have previously gravitated to the business environment available in the United Kingdom will naturally consider Ireland.
Continuity and access
Structuring options: management models
‘MiFID Firm’: Investment firms authorised under Markets in Financial Instruments Directive (2007, to be replaced by MiFID 2 / MiFIR in January 2018)
‘Super ManCo’: authorised to provide services to UCITS and AIFs w/ the option of add-on authorisations for segregated mandates
‘SMIC’: Self-Managed Investment Company
Pete Townsend, Founder & CEO, Norio Ventures