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Timeline for Authorisation & Implementation of Irish Domiciled Fund
24 August 2018
As UK-based asset managers prepare for a hard BREXIT, there is limited time left to consider options and importantly, do so within a timeframe that will ensure legal agreements and operating models have been completed ahead of obtaining the relevant regulatory approvals.
The current UK/EU negotiating timelines are:
- Agreement on the legal text by Autumn 2018
- UK parliamentary vote soon after
- EU ratification in February 2019, ahead of the UK’s exit on 29 March 2019
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- Passporting
- Substance & Delegation
- Project management & Implementation
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Andrea Lennon
Director - FundRock Management Company S.A. (Ireland Branch)
andrea.lennon@fundrock.com
Tel: + 353 1 905 3507