Talking heads: Ireland seeks premier league membership for private assets
Nicholas Pratt writes, 2021 promises to be a pivotal year.
Entering 2021, Ireland is grasping the national regulator’s recent review of fund management companies operating under the ‘CP86’ regime – that is, guidance introduced in 2016 designed to strengthen fund governance through measures such as board effectiveness, managerial functions and oversight of third-party service providers.
At the EU level, Ireland – along with other fund domiciles – faces a review of alternative investing rules.
But there is also optimism that Ireland will gain from the growth in private-capital investments now that amendments to the Irish Limited Partnership Act have been made.