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6 March 2026

Asset Management & Investment Funds Update - February 2026

WF
William Fry

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William Fry is a leading corporate law firm in Ireland, with over 350 legal and tax professionals and more than 500 staff. The firm's client-focused service combines technical excellence with commercial awareness and a practical, constructive approach to business issues. The firm advices leading domestic and international corporations, financial institutions and government organisations. It regularly acts on complex, multi-jurisdictional transactions and commercial disputes.
Stay ahead of upcoming deadlines and key dates with our legal & regulatory tracker along with possible dates impacts and actions items arising for fund managers.
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Welcome to the February 2026 edition of our Asset Management & Investment Funds Update.6

In this month's edition we look at:

  • Key Dates & Deadlines: Q1 202
    Stay ahead of upcoming deadlines and key dates with our legal & regulatory tracker along with possible dates impacts and actions items arising for fund managers.
  • AIFMD 2.0 in focus
    The effective date of 16 April 2026 for implementation by UCITS Management companies and AIFMs (FMCs) of AIFMD 2.0 / UCITS 6 Level 1 changes is drawing near and focus is on completing necessary updates by that time. Not every change will be relevant for every FMC, AIF or UCITS and changes that are relevant may have different implications and application for individual FMCs and AIFs/UCITS.
  • Loan originating AIFMs | AIFMD 2.0 compliance
    The CBI is implementing a streamlined AIFMD 2.0 authorisation process for alternative investment fund managers (AIFMs) which engage in loan origination.
  • ESMA Publishes Report on Cross-border Marketing of Funds
    ESMA published its third report dated 6 January 2026 on marketing requirements and marketing communications under the Regulation on cross-border distribution of funds.
  • New FATCA and CRS Individual and Entity Self-Certification Forms
    An OECD update to the common reporting standard took effect in Ireland on 1 January 2026. The Irish Funds AEOI Tax WG has updated the FATCA and CRS individual and entity self-certification forms to reflect changes under CRS 2.0.
  • Central Bank of Ireland consultation on prohibition notices under the F&P regime
    The CBI has launched Consultation Paper 166, aimed at clarifying Prohibition Notice Procedures under the Investigations pillar of the Fitness and Probity regime.
  • ESMA second thematic note on sustainability-related claims: ESG strategies
    ESMA has released the second of its four thematic notes on clear, fair and not misleading sustainability‑related claims for financial services firms. This note focuses on the use of ESG strategies, in particular ESG integration and ESG exclusions, in non‑regulatory communications such as fund factsheets and marketing materials.
  • EU Venture and Growth Capital Funds reform
    The European Commission is conducting a consultation until 12 March 2026 to gather detailed feedback from stakeholders on the obstacles currently faced by EU venture and growth capital fund managers, as well as on possible policy measures to address them.

Click the pdf below to download our full briefing.

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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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