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ARTICLE · 30 DECEMBER 2015

RegBrief, September-November 2015 Edition

Our latest edition of RegBrief gives a useful summary of key recent Irish and EU regulatory developments.

IrelandFinance and Banking

IRELAND

AIFMD

Updated Q&A: on 5 October 2015, the Central Bank published the 16th Edition of its AIFMD Q&A, adding responses dealing with the provision of directed brokerage services, whether existing authorised alternative investment fund managers are required to insert a board composition rationale into their programmes of operations and whether unitholder approval is required in respect of certain nonmaterial changes to a trust deed of a unit trust or a deed of constitution of a common contractual fund.

Proposed changes to Central Bank AIF Rulebook: the Central Bank is consulting on proposed changes to its AIF Rulebook. Proposed policy changes include extending the categories of investors who are exempt from the eligibility criteria and the minimum subscription amount required to invest in a qualifying investor alternative investment fund (QIAIF), amending the reporting requirement applicable to alternative investment fund (AIF) depositaries where they

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