Ireland: Department of Finance Consults on Framework for Funds Sector

Ireland’s Minister for Finance, Michael McGrath T.D., announced a wide-ranging review of the Irish funds sector in early 2023. As part of that review, Ireland’s Department of Finance began conducting a consultation (Consultation) and will report back to the Minister in mid‑2024. The Consultation provides a broad overview of the Irish funds sector; the available fund structures; the regulatory and supervisory framework; taxation of investment products; and real estate and securitization vehicles. It also poses multiple questions about all of those topics. The article parses the Consultation. See our two-part series “ALFI Seminar Examines E.U. Funds Landscape and Regulatory Developments Affecting Distribution”: Part One (Nov. 18, 2021); and Part Two (Dec. 9, 2021).

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