ARTICLE · 01 MAY 2026

Ireland Implements AIFMD II And UCITS VI

Arthur Cox

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The long‑anticipated Irish implementing measures for Directive (EU) 2024/927 (known as “AIFMD II” or “UCITS VI”) have now been published, with the making of the implementing...

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Dara Harrington

Stephanie Hanrahan

Christopher O'Reilly

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The long‑anticipated Irish implementing measures for Directive (EU) 2024/927 (known as “AIFMD II” or “UCITS VI”) have now been published, with the making of the implementing statutory instruments (S.I. No. 181/2026, the “AIFMD II Regulations” and S.I. No. 182/2026, the “UCITS VI Regulations“, together the “New Regulations”), which come into operation today (1 May 2026).

This update outlines the changes contained in the New Regulations and considers the practical implications for AIFMs, UCITS management companies and fund boards.

Legislative framework: the implementing statutory instruments

The New Regulations give effect in Irish law to the amendments introduced by AIFMD II/UCITS VI at EU level in 2024 and embed the Directive’s core reforms at national level, including the key changes relating to:

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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