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    Profile of registrant

Irish Funds Industry Association Ltd

Identification number in the register: 35890511033-58
Registration date: 30/01/2009 13:49:38

The information on this entity was last modified on: 16/02/2015 17:30:36
The date of the last annual update was: 16/02/2015 17:30:36
Next update due latest on: 16/02/2016

    Registrant : Organisation or self-employed individual

Irish Funds Industry Association Ltd

IFIA

Company Limited by Guarantee

    Section of registration

II - In-house lobbyists and trade/business/professional associations

Trade and business associations

    Contact details

Block A, 10th Floor
George's Quay Plaza
George's Quay
Dublin 2
IRELAND

(+353) 016753200

    Person with legal responsibility

Mr  Pat Lardner

Chief Executive

    Person in charge of EU relations

Mr  Pat Lardner

Chief Executive

    Goals / remit

The Irish Funds Industry Association (IFIA) is the industry association for the international investment fund community in Ireland, representing custodians, administrators, managers, transfer agents and professional advisory firms. Ireland is a leading centre for the domicile and administration of collective investment vehicles (“CIVs”). As the leading international funds centre, there is in excess of €2,800 billion of assets in over 12,700 CIVs administered in Ireland as of April 2014. These assets are comprised of €1,421 billion in 5,644 Irish domiciled CIVs (including sub-funds). Additionally, the industry services €1,403 billion in non-Irish CIVs administered in Ireland. As such all developments in the European and Global investment funds arena are of particular interest and relevance to the Irish industry.

Over the last 25 years, Ireland has developed a world-leading position as a jurisdiction for the administration and domiciling of internationally distributed investment funds. With more than 13,000 people employed in the administration, custody and servicing of funds, this sector within the international financial services environment remains the single largest sector by employment. In recent years we have seen an increasing number of jurisdictions seek to position themselves as domicile and servicing centres for investment funds and compete with established funds centres such as Ireland and Luxembourg. This increased competition, more so than before, necessitates the industry to continue to evolve and innovate to ensure both the product and service offerings available from the jurisdiction are attractive and add value for both our clients and the end investors. Recent initiatives to support these objectives include the prompt transposition of the Alternative Investment Fund Managers Directive (“AIFMD”) into domestic legislation, which ensured an AIFMD compliant product offering was immediately available to clients of the jurisdiction. Additionally, work is nearing conclusion on the legislation for the Irish Collective Asset-management Vehicle (“ICAV”), which will create an investment company structure that reflects the specific needs of investment funds. These initiatives further develop and enhance the funds industry in Ireland and, as a consequence, promote employment and business opportunities in the State.

national

    Specific activities covered by the Register

- UCITS
- AIFMD
- Money Market Funds
- Accounting Directive
- Audit Directive
- 4th Anti Money Laundering Directive


 

No

No

No

No

No

    Number of persons involved in the activities described in the box above

100%: 2   25%: 1

3

2.2

    Persons accredited for access to European Parliament premises

No accredited persons

    Fields of interest

  • Economic and Financial Affairs
  • Internal Market
  • Taxation

    Membership and affiliation

http://www.irishfunds.ie/about-ifia/members/

European Fund and Asset Management Association

    Financial data

04/2013  -  12/2013

100,000 € - 199,999 €

No funding received from the EU institutions during the last closed financial year.

    Code of conduct

By its registration the organisation has signed the Transparency Register Code of Conduct.