New rules, to apply from 1 January 2017, aim to ensure fair and transparent corporate taxation in Europe

Implementation of recommendations to impact funds industry across the globe

This update covers Central Bank clarification on the documentation of rationale for Board composition; CSD compliance with provisions on delegation; and the third-country passport.

Regulation to impact securities lending, repo and margin lending transactions

IF supports ESMA’s approach to proportionality and, in particular, the intention to draw a distinction between the asset management industry and the banking industry

Bill provides clarity on: treatment of travel and subsistence expenses of non-executive directors; application of US Ireland double tax agreement to ICAVs; treatment of non-resident AIFs with Irish AIFMs; and capital gains tax deferrals on transfer of assets to ICAVs

The Central Bank of Ireland has recently announced that it will extend quarterly reporting requirements to all Section 110 Special Purpose Vehicles (SPVs). All SPVs are now required to register with the Central Bank prior to submitting their first return by 20 November 2015.

Brief summary of how the Finance Bill will impact the FS Sector

Brief summary of how the Finance Bill will impact the FS Sector