Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 02 AUGUST 2018

Alternative Investment Funds 2018 Guide

Dillon Eustace
Dillon Eustace
Contributor
Dillon Eustace

Dillon Eustace

Dillon Eustace is one of Ireland’s leading law firms focusing on asset management and investment...

View firm profile
Explore more from Dillon Eustace

Irish Funds Legislation that governs the establishment and operation of Irish AIFs authorised by the Central Bank of Ireland

IrelandWealth Management
Brian Kelliher
Brian Kelliher
Author LinkedIn connections

1 Regulatory Framework

1.1 What legislation governs the establishment and operation of Alternative Investment Funds?

Irish Funds Legislation that governs the establishment and operation of Irish AIFs authorised by the Central Bank of Ireland (the "Central Bank") is set out in question 1.3. Additionally, Irish AIFs structured as European long-term investment funds ("ELTIFs") are impacted operationally by Regulation (EU) No 2015/760 (the "European Long-term Investment Funds Regulation").

The governing legislation of Irish AIFs not subject to authorisation by the Central Bank depends on the legal form of those AIFs, e.g. the Companies Act, 2014 will apply to corporate AIFs not established as investment companies with variable capital.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

Irish Budget 2027: Key Tax Measures For The Financial Services Industry

Ireland's Budget 2027 introduces a lower exit tax rate for fund investors, clearer rules for Irish ETFs, and a new Retail Investment Account, while leaving the controversial eight-year deemed disposal rule unchanged. The package also includes Pillar Two updates, interest relief reforms, and a capital gains tax reduction, offering targeted refinements for the financial services sector rather than the fundamental reform many had anticipated.
IrelandTax
Dillon Eustace
Dillon Eustace
Article

CIMA’S New AML Audit Rules Effective 18 September 2026 And What Investment Funds Need To Know

The Cayman Islands Monetary Authority has introduced sweeping changes to anti-money laundering audit requirements for investment funds, mandating independent audits of entire compliance programmes by September 2026. This marks a fundamental departure from previous practice where internal AML officers could conduct their own testing, raising critical questions about implementation timelines, qualified auditor availability, and compliance costs for funds operating in the jurisdiction.
Cayman IslandsWealth Management
Dillon Eustace
Dillon Eustace
Article

AMLD6 And Beneficial Ownership Central Registers: New Access Rules In Ireland

Ireland has introduced significant amendments to its beneficial ownership registers in 2026, implementing the Sixth Anti-Money Laundering Directive (AMLD6) framework. These reforms fundamentally restructure access rights to the Central Register of Beneficial Ownership of Trusts and Corporate Entities, moving away from unrestricted public access toward a tiered system that balances transparency with privacy rights while maintaining accessibility for legitimate anti-money laundering purposes.
IrelandCorporate/Commercial Law
Dillon Eustace
Dillon Eustace
Article

SFDR 2.0 Trialogue Negotiations: Key Areas Of Focus For Fund Managers

The European Commission's proposed overhaul of the SFDR regime is entering crucial trialogue negotiations, with the Irish Presidency aiming to reach agreement by year-end. While the Council and Parliament have aligned on key issues like professional investor opt-outs, significant divergences remain on exclusion criteria for Transition funds, PAI reporting requirements, and engagement strategy disclosures that will shape the future of sustainable finance regulation.
European UnionFinance and Banking
Dillon Eustace
Dillon Eustace