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Sustainable Finance – The Central Bank Issues A Communication On Fast-track Filing Process For SFDR - Finance and Banking

To print this article, all you need is to be registered or login on Mondaq.com. Following its previous communication that it intended to implement a fast-track filing process to accommodate the volume of prospectus updates due to be filed under SFDR by 10 March 2021, the Central Bank has now provided further details on the proposed fast-track filing process. In its communication the Central Bank has noted the following: Fast-track Filing Process The fast-track facility relates only to the self-certification of compliance with the SFDR Level 1 disclosure requirements. Any other changes will not be accommodated through the fast-track facility so where other changes are being made concurrently with

Irish funds legislation could create 3000 jobs General, news for Ireland, FDI,

Irish funds legislation could create 3000 jobs Written by Robert McHugh, on 17th Dec 2020. Posted in General Irish Funds today welcomed completion of a key financial services bill that has been in the works for over five years and is expected to create 3,000 jobs by 2025 while attracting up to €20bn per annum in global private capital. The Investment Limited Partnerships (Amendment) Bill 2020, passed in the Dáil, is set to accelerate Irish fund industry growth, help firms facilitate the green recovery and open the door for new global private fund market entrants to domicile in Ireland as a key base for European capital raises.

Game-changing bill set to accelerate Irish fund industry growth

“Game-changing” bill set to accelerate Irish fund industry growth Dec 17, 2020 By Funds Europe New Irish funds legislation has been hailed as “game-changing” in its scope to accelerate industry growth and potentially create thousands of jobs by 2025. The financial services bill – which has been in the works for over five years – is intended to facilitate the ‘green recovery’, as well as open the door for new global private fund market entrants to set up base in Ireland. Investment industry trade body Irish Funds said businesses will have the potential to expand private equity, infrastructure, renewables, and real estate offerings with “a positive knock-on effect” expected for local employment. The bill is expected to create 3,000 jobs by 2025.

New Legislation Could Pave The Way For Hundreds Of New Jobs In The City Over The Next Five Years

New Legislation Could Pave The Way For Hundreds Of New Jobs In The City Over The Next Five Years That s according to the Chair of Cork Chamber s Financial Services Forum and the Ireland Head of the Asset Management Exchange, Eoin Motherway. Eoin says the Investment Limited Partnerships Bill 2020 passed in the Dáil last night is the culmination of 6 years of work and will allow new global private fund market entrants to set up in Ireland.  The funds industry already employs around 1,350 people and over 2,000 staff in the broader financial services sector in the City Industry body Irish Funds says firms will now be able to expand their private equity, infrastructure, renewables and real estate offerings. 

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