Asset Management & Investment Funds Publications - ICAV

ICAV


Re-domiciling to Ireland as an ICAV
The Irish Collective Asset-management Vehicles Act 2015 (the Act) provides for the re-domiciliation of non-Irish corporate funds into Ireland as ICAVs.

A&L Goodbody advises on ICAV conversion
A&L Goodbody is pleased to have advised on one of the first Central Bank of Ireland approved conversions of an existing investment company, to Ireland's newest corporate investment structure, the Irish Collective Asset-management Vehicle (ICAV).

ICAV Webinar: 20 Questions and Answers - March 2015
This guide looks at some questions and answers in relation to the Irish Collective Asset Management Vehicle following an A&L Goodbody client webinar.

ICAV Webinar: Poll Questions - March 2015
This guide looks at questions surrounding ICAV v PLC, How to set up an ICAV, Converting to the ICAV, Redomiciliation following an A&L Goodbody client webinar.

From VCC to ICAV: Procedure and Practical Considerations - March 2015
The Irish Collective Asset-management Vehicles Act 2015 (the ICAV Act) was signed into law on 4 March 2015.

Why choose an ICAV
The Irish Collective Asset-management Vehicles Act 2015 (the ICAV Act) provides for a new corporate vehicle, the ICAV, which has been specifically tailored for the funds industry.

How to incorporate an ICAV
The legislation which provides for the establishment of the Irish Collective Asset-management Vehicle (the ICAV) has now been signed into law as the ICAV Act 2015 (the ICAV Act) and is expected to be commenced soon.

How to convert to an ICAV
The Irish Collective Asset-management Vehicles Act 2015 (the ICAV Act) provides for a new corporate vehicle, the ICAV, which has been specifically tailored for the funds industry. The ICAV sits alongside the other fund structures currently available in Ireland.

ICAV: an overview - March 2015
The Irish Collective Asset-management Vehicles Act 2015 (the ICAV Act) provides for a new corporate structure which is tailored to the needs of the global funds industry and has a number of advantages over existing forms of investment vehicle.

The ICAV: New opportunities - Global Fund Media Special Report 2014
Ireland took a significant step closer to paving the way for the establishment of the Irish collective asset-management vehicle (the ICAV) with the publication of the ICAV Bill on 29 July this year, the early enactment of which has been cited as a priority for the Irish Government.


OTHER


GDPR checklist for Fund Boards
The EU General Data Protection Regime (GDPR) was adopted last year, and comes into force on 25 May 2018. The reason for the lead in time is that it introduces a sweeping new data protection regime, and it will take some time for organisations to update their data protection policies, notices and procedures to comply with the new rules.

MiFID II - Product governance procedures
Directive 2014/65/EU on markets in financial instruments (MiFID II Directive), the Commission Delegated Directive EU (MiFID II Delegated Directive) and the Markets in Financial Instruments Regulation (MiFIR) (referred to herein to as MiFID II) introduces new EU-wide rules governing investment firms, trading venues and market structures, as well as third-country firms providing investment services or activities in the EU.

Types of Legal Structure: Common Contractual Funds or CCFs
Many multi-national pension schemes seek to achieve economies of scale and efficiency of operation by pooling pension fund assets into one entity.

Stock Connect programme
On 15 July 2015, the Central Bank of Ireland (the Central Bank) updated its UCITS and AIFMD Q&As (the Q&As) to allow Irish authorised UCITs and AIFs to acquire Chinese shares via the Shanghai-Hong Kong Stock Connect (Stock Connect).

European Venture Capital Funds Regulations: June 2015 update
On 20 May 2015 the Minister for Finance published the European Union (European Venture Capital Funds) Regulations 2015 (SI 167/2015).

The Central Bank of Ireland changes rules to permit managers to set up loan originating funds
The Central Bank of Ireland has today issued its feedback statement on Consultation Paper 85 dealing with loan originating qualifying investor alternative investment funds (QIAIFs).


IN THE MEDIA


Investor Opportunities: China Stock Connect
Elaine Keane, Asset Management & Investment Funds Partner and Shane Coveney, Asset Management & Investment Funds Associate look at the revision and extension of China’s Stock Connect scheme which presents a significant opportunity for investors to establish and use Irish domiciled funds to gain direct exposure to mainland China securities. This article was first published in the 2017 Asia Ireland Business Yearbook by Asia Matters. 

ETMFs and 'smart beta' bring Exchange Traded Fund managers into new waters - Finance Dublin Yearbook 2015
The emergence of new trends and further substantial growth in assets under management made 2014 yet another significant year for exchange traded funds (ETFs).

The ICAV: New opportunities - Global Fund Media Special Report 2014
Ireland took a significant step closer to paving the way for the establishment of the Irish collective asset-management vehicle (the ICAV) with the publication of the ICAV Bill on 29 July this year, the early enactment of which has been cited as a priority for the Irish Government.

The Irish Collective Asset-Management Vehicle: new opportunities - Investment Funds Ireland 2014 Report, Finance Dublin
A&L Goodbody’s Brian McDermott and Nessa Joyce analyse the ‘eagerly anticipated’ ICAV legislation which will create a new company structure that is tailor-made for investment funds.