Ireland: Investment Strategy

Ireland is introducing a new tax-efficient Investment Account from July 2027, allowing residents to invest up to €12,000 annually with a €50,000 tax-free threshold. The initiative aims to encourage retail investment by eliminating complex tax rules like deemed disposal and replacing them with a simplified 1% annual tax on amounts exceeding the threshold.

The EU Retail Investment Strategy is a legislative package which introduces significant changes to the UCITS Directive and AIFMD, as well as MiFID II, the Insurance Distribution Directive and the Solvency II Directive via an omnibus directive (Omnibus Directive).

The Irish Department of Finance has unveiled a comprehensive roadmap to transform how retail investors are taxed, with a new investment account at its core designed to simplify the tax framework and encourage greater participation in capital markets. The proposal includes annual contribution limits, a tax-free threshold, and a flat-rate tax structure that eliminates the controversial deemed disposal rule, while also signaling broader reforms to investment fund taxation from Budget 2028 onwards. This initiat

On 26 June 2025, ESMA published its final report providing technical advice to the European Commission (the Commission) on the review of the Commission Directive 2007/16/EC on UCITS...

In a move that will be welcomed by asset managers conducting exchange-traded fund (ETF) business in Ireland, or those who are hoping to move into the Irish ETF space, the Central Bank of Ireland (the Central Bank) has moved to allow for the establishment of semi-transparent ETFs by amending its requirements for portfolio transparency.

Under the updated rules, ETFs authorised by the Central Bank can now disclose their portfolio holdings on a daily, or less frequent periodic basis, subject to certain conditions outlined below...

The directive amending the Alternative Investment Fund Managers Directive ("AIFMD 2.0") must be transposed into the national law of European Union...

The European Securities and Markets Authority ("ESMA") has issued consultations on draft guidelines and technical standards under the revised Alternative Investment Fund Managers...

Following an 18 month wait since the publication of the European Securities and Markets Authority's ("ESMA") consultation on funds' names using ESG or sustainability-related terms...