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