Funds Sector 2030: A Framework for Open, Resilient & Developing Markets
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Published on
Last updated on
On 6 April 2023 the previous Minister for Finance, Michael McGrath T.D., announced a Review of the Funds sector under the broad and interlinked themes of Open Markets, Resilient Markets and Developing Markets. The Terms of Reference of the Funds Sector 2030 Review can be found below.
The aim of the Review was to ensure that Ireland maintained its leading position in asset management and funds servicing, and that we continue to see support for our national and regional economies. The Review sought to ensure that Ireland’s funds sector framework is resilient, future-proofed, supportive of financial stability and a continued example of international best-practice.
A public consultation ran from June to September 2023, culminating in 194 submissions, including 140 from individuals responding in a private capacity. An extended phase of stakeholder engagement followed the public consultation. In total, the Review Team met with over 100 firms and attended over 30 industry events.
The public consultation ran from June to September 2023 and can be accessed through the following link: https://consult.finance.gov.ie/en/consultation/funds-sector-2030-framework-open-resilient-developing-markets