AIFMD II1 introduces significant changes for
alternative investment funds ("AIFs")
that originate loans and their managers
("AIFMs"), including new rules across
the EU on concentration and leverage limits, borrower restrictions,
and policy requirements. EU member states have until 16
April 2026 to implement these changes into local law.
This briefing outlines the main changes, actions required, and
timelines for compliance. It focuses on the steps that AIFs
authorised by the Central Bank of Ireland and subject to the
existing domestic Irish regulatory regime should take to align with
the new EU harmonised regime.
Scope
For the purposes of this briefing the following terms are
defined: