European Union: Fund Management/ REITs

The Central Bank of Ireland has published two significant reports detailing the evolution of its gatekeeping framework for financial services firms and individuals.

The EU's Capital Requirements Directive VI introduces a mandatory establishment requirement for certain non-EU banking service providers operating in the European Union, fundamentally altering how Irish funds...

EU fund managers are increasingly opting to establish their own Luxembourg-based licensed entities to manage European private funds, known as authorised alternative investment fund managers (AIFMs). This Q&A addresses the practical considerations and key questions that arise when choosing between an in-house AIFM controlled by the fund manager versus engaging a third-party Luxembourg AIFM.

The publication of Decree No. 2026‑341 of April 30, 2026 marks a decisive shift in the regulatory treatment of French so-called “Autres FIA” (or “other alternative investment funds”...

The Central Bank of Ireland has published a revised AIF Rulebook introducing changes expected to position Ireland as a preferred domicile for private asset funds. Legal experts from Dillon Eustace discuss the key modifications in the updated rulebook and provide insights into the new pan-European loan origination framework.

Camilleri Preziosi hosts the inaugural episode of the Malta Family Office Series podcast, featuring an in-depth conversation with the Deputy Head of the MFSA's Investment Services Supervision Unit.

The Irish legislation implementing AIFMD II provisions has been published and comes into operation on 1 May 2026, introducing significant updates to both UCITS and AIF legislative frameworks.

The Central Bank of Ireland has published its updated AIF Rulebook following consultation, with changes designed to enhance Ireland's alternative investment fund regime and facilitate private fund establishment.

This May 2026 edition of Funds Focus examines critical regulatory developments affecting asset management and investment funds, including Ireland's implementation of AIFMD II legislation and the Central Bank of Ireland's latest guidance on board effectiveness and liquidity management tools. The update also covers significant enforcement actions and European regulatory harmonization efforts that will shape fund management practices in the coming months.