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ARTICLE · 15 JULY 2014

Status Of The AIFMD Implemention

Dillon Eustace
Dillon Eustace
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Dillon Eustace

Dillon Eustace

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The Irish Minister of Finance signed the European Union (Alternative Investment Fund Managers) Regulations, 2013 into law on 16th July, 2013.

IrelandFinance and Banking

The Irish AIFMD rules

The Irish Minister of Finance signed the European Union (Alternative Investment Fund Managers) Regulations, 2013 into law on 16th July, 2013. These regulations transposed Directive 2011/61/EU into Irish law with substantially no gold-plating.

A number of European Commission "Delegated" and "Implementing" pieces of legislation have direct legal effect in Ireland including Commission Delegated Regulation (EU) 231/2013 of 19 December, 2012 supplementing Directive 2011/61/EU, Commission Implementing Regulation (EU) No 447/2013 of 15 May 2013 establishing the procedure for AIFMs which choose to opt in under Directive 2011/61/EU and Commission Implementing Regulation (EU) No 448/2013 of 15 May 2013 establishing a procedure for determining the Member State of reference of a non-EU AIFM pursuant to Directive 2011/61/EU.

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