Ireland:
Central Bank Finalises CP145 Guidance On Irish Property Funds
28 November 2022
Arthur Cox
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The Central Bank of Ireland has just published its guidance on
its previously issued consultation paper on Irish property funds
(CP145).
This is an important update that will apply to Alternative
Investment Fund Managers of Alternative Investment Funds that are
domiciled in Ireland, authorised under domestic legislation, and
investing 50 per cent or more directly or indirectly in Irish
property assets. As such, Irish authorised funds investing less
than that amount in Irish real estate, or investing in non-Irish
real estate, are not in scope for the new measures.
Read the full update here.
This article contains a general summary of developments and
is not a complete or definitive statement of the law. Specific
legal advice should be obtained where appropriate.
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