IRELAND: Irish Government publish Irish Collective Asset-management Vehicle Bill

Thursday August 7 2014

The Irish Government has published a final draft of the Irish Collective Asset-management Vehicle Bill (ICAV). The ICAV will allow for the incorporation of a new, tax efficient and innovative corporate structure for Irish investment funds.

The Bill is to be formally enacted in Q3 or Q4 of 2014 and the Central Bank of Ireland has committed to authorising the first ICAVs around the same time to allow asset managers to make use of the ICAV structure before the end of the year.

Click on the above link to access the Bill.