Financial
Services
May
2003 - The new Irish Financial Services Regulatory authority is
established
The Central Bank and Financial Services Authority of Ireland Act
2003, provides for a new Central Bank of Ireland and Financial Services
Authority of Ireland ("CBIFSA").
On
the 1st May 2003 the Irish Financial Services Authority ("IFSRA")
was established as the new regulatory authority for the financial
services sector in Ireland
more
Retail
Fund of Hedge Funds now available in Ireland
A significant development in the European hedge fund industry occurred
in December 2002 when the Central Bank of Ireland released new rules
which permitted the authorisation of retail fund of hedge funds.
This was an expected development and is the result of a detailed
consultation process between the Central Bank and the funds industry
in Ireland. The availability of this new retail product in Ireland's
highly regulated environment is likely to greatly enhance the attractiveness
of Ireland as a domicile of choice for the expanding international
hedge fund industry.
more
New
UCITS Product Directive and Management Directive
The
Product Directive
The
new UCITS Product Directive 2001/108 known as the "Product
Directive" came into force on 13 February 2002. The Product
Directive amends the 1985 UCITS Directive and substantially extends
the instruments in which a UCITS fund can invest.
more
Private
Equity Fund Structures In Ireland
Ireland's
international financial sector is based principally in the International
Financial Services Centre (IFSC) in Dublin's central Custom House
Docks area. Established in 1987, the IFSC has grown at an impressive
rate and is now a significant world financial centre for a wide
range of activities.
more
International
Investment Funds in Ireland's IFSC
Ireland's
international financial sector is based principally in the International
Financial Services Centre (IFSC) in Dublin's central Custom House
Docks area. Established in 1987, the IFSC has grown at an impressive
rate and is now a significant world financial centre for a wide
range of activities.
more
Regulation
of Hedge Funds in Ireland
As the regulatory
authority responsible for the authorisation and supervision of investment
funds in Ireland, the Central Bank of Ireland (the "Central Bank")
has played a significant role in the success of Dublin as a domicile
for internationally promoted investment funds. The Central Bank's
contribution has come in the form of its responsiveness to industry
needs whilst maintaining the robust regulation necessary to maintain
Ireland's international reputation as a well-regulated jurisdiction.
more
|
