Central Bank publishes the Thirty-First Edition of the Central Bank AIFMD Q&A Document

The Central Bank has today issued the 31st edition of the Central Bank AIFMD Q&A which includes a new Q&A ID 1129, in relation to Irish Qualifying Investor AIFs with UK AIFMs.

The Q&A clarifies that a QIAIF will be permitted to designate a UK AIFM as its AIFM. 

QIAIFs migrating to such an arrangement need to assess the impacts arising from the loss of the marketing passport under AIFMD including notification to investors, amendments to documentation, filings with the Central Bank or other supervisory authorities and any other operational issues.

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