Update on Changes to Loan Originating Qualifying Investor AIF Regime


Author: Kevin Murphy, Sarah Cunniff, Dara Harrington and Adrian Mulryan

The Central Bank has announced that it intends to amend its requirements for loan originating qualifying investor AIFs (L-QIAIFs).

The Central Bank intends that the relevant section of its AIF Rulebook will be amended to allow L-QIAIFs to invest in “debt and equity securities of entities or groups to which the loan originating QIAIF lends or which are held for treasury, cash management or hedging purposes”. The Central Bank believes that this rule change is consistent with European regulation, particularly the ELTIF Regulation, as it allows an L-QIAIF to make other investments “linked to the loan origination strategy”.

Read the full briefing here.


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