Home Knowledge Update for Directors of Irish Fund and Management Companies

Update for Directors of Irish Fund and Management Companies

January 26, 2012

This Briefing provides an update for Directors of Irish authorised fund companies (“CIS”) and Irish authorised fund management companies (“ManCos”) on recent developments concerning:

  • The implementation of the Central Bank’s revised Fitness and Probity Regime
  • The new voluntary Corporate Governance Code for CIS and ManCos
  • The Central Bank’s prohibition on the use of conduit firms in providing Director services
  • Irish Revenue treatment of a Director’s remuneration
  • Anti-money laundering/counter financial terrorism (“AML/CT”) training for Directors

To read the Briefing in full, please click the attached pdf.