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ICAV Update

AUTHOR(S): Michael Jackson, Joe Beashel, Anne-Marie Bohan, Liam Collins, Dualta Counihan, Tara Doyle, Elizabeth Grace, Philip Lovegrove, Shay Lydon
PRACTICE AREA GROUP: Asset Management and Investment Funds
DATE: 18.06.2014

Speaking today at the Irish Funds Industry Association's Annual Global Conference in Dublin, the Irish Prime Minister Enda Kenny emphasised the importance of the new Irish investment fund vehicle, the ICAV, and he noted that the legislative bill for the ICAV is expected to be published in the coming weeks.

The Irish Department of Finance is working closely with industry stakeholders in the development of the ICAV, and Prime Minister Kenny stated that the Irish government is prioritising its passage through the legislative process. On the industry side, Matheson partners have been to the fore in the development of the ICAV.

Information on the key features of the ICAV can be accessed through our website and publications here.

Matheson would be happy to discuss any aspect of the ICAV with you in further detail and we will continue to update our website as developments occur.

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