Ireland: Investment Funds Update - July 2026
July 02, 2026
Welcome to the latest edition of our Investment Funds Quarterly Update, providing an overview of the key legal and regulatory developments shaping the Irish and EU funds landscape between April and June 2026.
Drawing on insights from our Asset Management and Financial Services Regulation team, this update highlights significant developments from the Central Bank of Ireland (CBI), the European Securities and Markets Authority (ESMA), the European Commission and other regulatory bodies, helping firms stay ahead of evolving regulatory expectations.
Key themes covered in this update include:
- Central Bank supervisory priorities and governance expectations - including board effectiveness, compliance oversight, investor protection and developments under the Fitness and Probity framework
- AIFMD II and UCITS VI implementation - covering Ireland’s transposition of the new regimes, amendments to the AIF Rulebook and developments affecting loan origination and liquidity management
- Liquidity risk management and market resilience - including new guidance on liquidity management tools, Money Market Fund requirements and wider resilience expectations for the funds sector
- Digital finance and innovation - including regulatory perspectives on technological change, fund tokenisation and the growing focus on balancing innovation with investor protection
- Regulatory reporting and operational change - highlighting new reporting requirements and EU initiatives to streamline and harmonise supervisory reporting
- Sustainability developments - including progress on the proposed SFDR 2.0 reforms, sustainability product classifications and measures aimed at reducing greenwashing risks
- EU-wide supervisory convergence and market infrastructure reform - including developments relating to EMIR 3, MiCA, compliance and governance standards, and the transition to T+1 settlement
Our analysis is designed to support asset managers, fund boards, depositaries and service providers as they navigate regulatory change across Ireland and the EU while maintaining strong governance, operational resilience and a continued focus on investor protection.