Strategic Management Solutions
The Central Bank of Ireland (CBI) has been increasing the level of governance required from Irish investment funds. There is now more scrutiny around substance, capital, internal controls, delegate oversight and staff expertise. In particular, the expectation is that during 2020 the CBI will require Irish Self-Managed Investment Companies (SMICs) to either establish their own Management Company (ManCo) or appoint an already approved third-party ManCo.
We expect that most investment managers will want to appoint a third-party ManCo rather than set up their own entity. Given the CBI’s ongoing focus on ManCo capabilities, we would anticipate that many pre-existing investment managers that set-up a ManCo will struggle to take on new funds without materially increasing personnel and high fixed costs with setting up a ManCo.
Download our brochure to discover how the substance, skill-base and stability of AMX’s Irish ManCo could help meet your regulatory responsibilities and provide options for future growth.