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ARTICLE · 01 MAY 2026

Irish AIFMD II Legislation Published

William Fry LLP
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The Irish legislation implementing AIFMD II provisions has been published and comes into operation on 1 May 2026, introducing significant updates to both UCITS and AIF legislative frameworks.

IrelandFinance and Banking
Clodagh Ruigrok
Clodagh Ruigrok
James Phelan
James Phelan
Ann Shiels
Ann Shiels
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The Irish legislation implementing the provisions of AIFMD II updating the UCITS and AIF legislative frameworks has been published in Iris Oifgiúil and is stated to come into operation today, 1 May 2026.

The enhanced reporting provisions for AIFs and UCITS come into effect on 16 April 2027. The legislation is in the form of separate statutory instruments updating the existing Irish UCITS legislation and the existing Irish AIFMD legislation; S.I. No. 181 of 2026 European Union (Alternative Investment Fund Managers)(Amendment) Regulations 2026 and S.I. No. 182 of 2026 European Union (Undertakings for Collective Investment in Transferable Securities)(Amendment) Regulations 2026. We expect that the Irish implementing legislating implements the AIFMD II provisions with little or no changes to those set out in the AIFMD II Directive.

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