IRELAND: Central Bank provides deadline for submission of applications for AIFMD authorisation

Wednesday October 23 2013

The Central Bank has issued a reminder to all investment funds authorised in accordance with the NU Series of Notices and their proposed alternative investment fund managers that the transitional date for compliance with the European Union (Alternative Investment Fund Managers) Regulations 2013 is 22 July 2014.

The Central Bank has now advised that 21 February 2014 has been set as the latest date for receipt of applications seeking authorisation as AIFM including internally managed AIF. For those applicants whose assets under management are below the thresholds set out in Regulation 4 of the AIFM Regulations, applications to act as Registered AIFM should also be received by 21 February 2014.

Applicants are advised to submit completed applications at the earliest opportunity. Applicants should take care to ensure their applications are of the highest standard as incomplete or insubstantial applications will be returned. Application forms may be accessed from the Central Bank’s website www.centralbank.ie under the AIFMD page.

Click on the above link for more details.