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ARTICLE · 07 AUGUST 2015

Investment Funds Update: Fund Raising In Ireland

Mason Hayes & Curran LLP
Mason Hayes & Curran LLP
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Mason Hayes & Curran LLP

Mason Hayes & Curran LLP

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So far, 2015 has proven to be another busy and fruitful year for the Irish funds industry. Some welcome developments have emerged and the statistics show Ireland's position, at the forefront of the funds industry, remains steadfast.

IrelandFinance and Banking

So far, 2015 has proven to be another busy and fruitful year for the Irish funds industry. Some welcome developments have emerged and the statistics show Ireland's position, at the forefront of the funds industry, remains steadfast.

New developments include the Central Bank of Ireland's guidance on delegate oversight and directors' time commitment, as well as the introduction of regulations applying to the managers of European Venture Capital Funds and European Social Entrepreneurship Funds.

Directors' Time Commitments

Following a thematic review carried out last year on the number of directorships held by individuals in corporate investment funds and management companies, the Central Bank of Ireland ("CBI") has issued guidance to assist in the assessment of time commitments of directors.

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