- Wholly owned by UK based asset manager
- Regulated by Irish regulator – Central Bank of Ireland (‘CBI’)
- Can undertake portfolio management of segregated portfolios under Regulation 7(4) of EU (Alternative Investment Fund Managers) Regulations 2013
- Full EU passport for distribution of investment products and services throughout EU
- Branch established in any EU country automatically approved by local regulator
- Low regulatory capital requirement (minimum €125,000)
- Manco activities can be outsourced to 3rd party Irish regulated entity like Ballybunion Capital
- Portfolio Management of segregated portfolios (can be sub-delegated to existing UK entity)
- Management of investment funds
- Investment advisory activities
- Risk management
- Fund & Portfolio administration
- Marketing and distribution of investment products and services
- Consultancy services in establishing Irish regulated MANCO
- Provision of Designated Persons to Irish MANCO
- Corporate Governance for Irish MANCO
- Provision of Irish Resident Directors
- Provision of MLRO
Provision of FATCA Responsible Officer
Provision of registered and corporate offices
Development of effective corporate governance framework
Undertaking Annex IV and all other reporting to Irish regulator for Irish MANCO
Consultancy services in developing Irish MANCO process & procedures
Ongoing Consultancy services for Irish MANCO
