Author: David Naughton and David Williams

In a welcome move, the Central Bank of Ireland (“CBI”) has simplified the authorisation requirements for Qualifying Investor Alternative Investment Funds (“QIAIFs”) that invest in life settlements by confirming that pre-submissions are no longer required in connection with their applications for authorisation.  These QIAIFs are once again included in the categories of QIAIFs that may avail of the CBI’s 24-hour fast-track authorisation process (“Fast-Track Authorisation Process”).  Fast-Track Authorisation Process for QIAIFs A QIAIF is an alternative investment fund (“AIF”) authorised by the CBI, under the European Union (Alternative Investment Fund Managers) Regulations 2013 and its AIF rulebook, marketed to professional…