Post Authorisation for AIF Management Companies

There are ongoing requirements in relation to AIF Management Companies (AIF ManCo) that fall outside the scope of previous sections.

This section highlights some of these requirements and how they are dealt with.

The following list is not exhaustive and is intended to serve as a guide. If any AIF ManCo is unclear of its obligations they should contact Asset Management Supervision ('AMS').

Change of Director/Manager

Any change of director/manager should be notified to the Central Bank. This includes both proposed appointments and resignations. All proposed appointees are subject to the ‘Fitness & Probity’ regime as outlined in the Supervision section.

Change in Qualifying Holding

Changes to qualifying holdings in AIF ManCos are subject to the approval of the Central Bank; details of the exact requirements are set out in the AIF Rulebook. Firms are obliged to advise the Central Bank on an annual basis of its ownership structure.

Change of Company name

The Central Bank must first approve any change in company name before it is submitted to the Companies Registration Office (CRO).

Capital Contributions and Subordinated Loans

Capital contributions and Subordinated Loans are accepted as part of the financial resources requirement provided they are executed in accordance with the Central Bank's approved format. Copies of the forms are available in the Forms section.

Change of Address

Any change of address by a company must be notified in advance to AMS. This will allow us to update our records and systems on a timely basis.

Other changes

If there is uncertainty regarding whether a change constitutes a material change for regulatory purposes you should relevant contact AMS supervisors directly.