Irish deputy governor seeks to adapt funds regulation
A deputy governor of the Bank of Ireland, Matthew Elderfield, today (September 12) said the central bank is seeking to improve the efficiency of its funds authorisation system, as part of a wider effort to improve the regulatory framework for investment funds in Ireland.
Speaking to the Irish Funds Industry Association in Dublin, he said the introduction of the Alternative Investment Fund Managers Directive, expected to become law in July 2013, is prompting the central bank to reassess the
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