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ARTICLE · 12 AUGUST 2026

Ireland’s New AIF Rulebook: Key Changes For Fund Finance

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On 5 May 2026, the Central Bank of Ireland (“CBI”) finalised its comprehensive updates and enhancements to Ireland’s regulatory framework for alternative investment funds (“AIFs”), including removing...

IrelandFinance and Banking
Alma O'Sullivan
Alma O'Sullivan
Sarah Francis
Sarah Francis
Vanessa Lawlor
Vanessa Lawlor
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On 5 May 2026, the Central Bank of Ireland (“CBI”) finalised its comprehensive updates and enhancements to Ireland’s regulatory framework for alternative investment funds (“AIFs”), including removing restrictions on third-party guarantees and aligning Irish rules with AIFMD 2.0.

This forms part of the August 2026 Edition of FUNDed

Key Takeaways

  • QIAIFs can now provide third-party guarantees and cross-collateralisation, enabling more efficient fund group financing structures.
  • Ireland’s loan origination framework now aligns with AIFMD 2.0, placing it on a level playing field with other leading EU jurisdictions.
  • The AIF Rulebook expressly accommodates common private fund features such as capital commitments, side letters and carried interest arrangements.

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