Politics & Regulation

Ireland readies for UCITS IV


The new Irish Finance Bill adds efficiency and certainty for UCITS IV funds, according to its local fund association.

Earlier this week, on 8 February 2012, the Minister for Finance published the Finance Bill 2012 and includes a number of measures for UCITS IV funds specifically.

Included in the Bill are provisions to provide more tax efficiency and certainty for the cross-border merger of investment funds and master-feeder structures – two significant features of the UCITS IV Directive. 

Gary Palmer (pictured), chief executive of the Irish Funds Industry Association, says: “While the provisions of