Quarterly Irish Legal & Regulatory Update from 01 April to 30 June 2019.
The Central Bank of Ireland has published revised regulations governing the operation of Irish domiciled UCITS, UCITS management companies and depositaries, effective from 27 May 2019. On 11 June 2019, the Irish government approved the publication of the Investment Limited Partnership (Amendment) Bill 2019. The second Shareholder Rights Directive (EU) 2017/828 was due to be implemented into Irish law by 10 June 2019. By statutory instruments dated 01 May 2019, the Irish government has prescribed Guernsey and Bermuda as relevant jurisdictions under the Irish Collective Asset-management Vehicles Act 2015 and (along with the Cayman Islands, the British Virgin Islands and Jersey) under the Companies Act 2014. The Companies (Amendment) Act 2019 was signed into law on 11 April 2019.
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