Ireland: Fund Management/ REITs

Following a collaborative consultation between the Central Bank and the Irish funds industry, the AIF Rulebook governing Irish regulated AIFs and AIFMs has been substantially modernised and simplified.

A comprehensive regulatory update for asset management and investment funds covering ESMA reports, Central Bank of Ireland reviews, SFDR 2.0 developments, and key compliance deadlines for Q2 2026.

The EU Green Bond Regulation reaches a critical juncture on 21 June 2026 when the transitional regime for external reviewers ends and mandatory ESMA registration becomes operational. This shift transforms the European Green Bond framework from a soft-launch phase into a fully regulated system with strict compliance requirements, ongoing supervision, and enhanced investor protections. Market participants must understand how these changes affect issuers, external reviewers, and the broader sustainable finance

On 5 May 2026, the Central Bank of Ireland (the “Central Bank“) published an updated AIF Rulebook, together with its Feedback Statement on Consultation Paper 162...

Ireland's Central Bank has updated its AIF Rulebook, removing restrictions on third-party guarantees and enabling more efficient fund financing structures.

On 5 May 2026, the Central Bank of Ireland published its Feedback Statement to its Consultation Paper 162 (referred to as “CP 162”), together with a revised AIF Rulebook which comprehensively updates and enhances Ireland’s regulatory framework for alternative investment funds.

The ESG Ratings Regulation will impose website disclosure obligations on fund managers that include ESG ratings in fund marketing communications, in addition to requirements applicable to ESG ratings providers. The legislation will apply from 2 July 2026.

Directive (EU) 2024/927 (Omnibus Directive), which amends both the UCITS and AIFMD directives, imposes an obligation on UCITS funds and AIFMs managing open-ended AIFs...

The Central Bank of Ireland (the "Central Bank") has published Discussion Paper 12 on Distributed Ledger Technology ("DLT") and Tokenisation in Financial Services (the "Discussion Paper")...