Each month our Asset Management & Investment Funds team write a ‘Legal & Regulatory Update’. Welcome to the our February edition.

The topics covered in this months edition are below. For further information on any of these items, please email or phone any member of our Funds Team.

• No-Deal Brexit Developments
  • Formal clearance on delegation of portfolio management to UK managers
  • Recognition of UK CCPs and the UK CSD
  • Central Bank publishes guidance in relation to QIAIFs with UK AIFMs
  • Central Bank – muted positive signal on “Location Requirement”
  • Ireland produces draft no-deal Brexit legislation 
• Political Agreement on Cross Border Funds Distribution Measures
• ESMA consults on liquidity stress test guidance for investment funds
• Public Consultation on Irish Limited Partnerships
• EMIR Refit – ESMA and Central Bank Approach
• Recent speech by Michael Hodson, Director of Asset Management and Investment Banking at the Central Bank of Ireland