ICAV Update

M
Matheson

Contributor

Established in 1825 in Dublin, Ireland and with offices in Cork, London, New York, Palo Alto and San Francisco, more than 700 people work across Matheson’s six offices, including 96 partners and tax principals and over 470 legal and tax professionals. Matheson services the legal needs of internationally focused companies and financial institutions doing business in and from Ireland. Our clients include over half of the world’s 50 largest banks, 6 of the world’s 10 largest asset managers, 7 of the top 10 global technology brands and we have advised the majority of the Fortune 100.
The Irish Prime Minister Enda Kenny emphasised the importance of the new Irish investment fund vehicle, the ICAV.
Ireland Finance and Banking

Speaking today at the Irish Funds Industry Association's Annual Global Conference in Dublin, the Irish Prime Minister Enda Kenny emphasised the importance of the new Irish investment fund vehicle, the ICAV, and he noted that the legislative bill for the ICAV is expected to be published in the coming weeks.

The Irish Department of Finance is working closely with industry stakeholders in the development of the ICAV, and Prime Minister Kenny stated that the Irish government is prioritising its passage through the legislative process. On the industry side, Matheson partners have been to the fore in the development of the ICAV.

Information on the key features of the ICAV can be accessed through our website and publications here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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