The Minister for Finance Michael McGrath TD, today (22 June) published a public consultation document as part of a review of Ireland’s funds sector entitled, “Funds Sector 2030: A Framework for Open, Resilient & Developing Markets”.
An online consultation portal will open shortly allowing all stakeholders to submit their views on how Ireland can maintain its leading position in asset management and fund servicing, how the sector can support economic activity both at the regional and national level and how to ensure the sector is financially resilient, future-proofed and continue to meet international best-practice. The review will also incorporate three recommendations from the Commission on Taxation and Welfare in relation to the taxation regime for investments products, the IREF and REIT regimes and the section 110 regime. The Terms of Reference were published in April of this year and are available on the Department’s website.
The public consultation period will run unti
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