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Ireland seeks premier league status for private assets - Vimarsana News

Ireland seeks premier league status for private assets

Ireland seeks premier league status for private assets The passing of the amended Irish Limited Partnership Act in December could see Ireland promoted to the “premier league” of domiciles for private assets. Furthermore, the impact of the bill and its ability to attract more fund managers to Ireland could create an additional 3,000 jobs and $40 billion in assets by 2025. These were some of the views expressed when we asked leaders in the Irish funds market for their thoughts on the year ahead. Here are three excerpts from our wider feature in the February issue of Funds Europe. PAT LARDN...

Central Bank opens new Beneficial Ownership Register - Vimarsana News

Central Bank opens new Beneficial Ownership Register

Central Bank opens new Beneficial Ownership Register Updated / Monday, 1 Feb 2021 13:00 The new register was established by the Central Bank on foot of EU anti-money laundering and counter-terrorism directives Economics Correspondent The Central Bank has opened its Beneficial Ownership Register to make available information on the owners of certain types of investments and funds.   The Register was established on foot of EU anti-money laundering and counter-terrorism directives.  Its purpose is to deter money laundering and terrorist financing by preventing the ultimate identity owners of ...

Source: rte.ie