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Deloitte Update

Irish Collective Asset–management Vehicles Act 2015 ("ICAV Act")

ICAV Act Update: Jersey

1 February 2016 : Statutory instruments S.I.44/2016 and S.I. 45/2016 were signed in to law by the Irish Minister for Finance.

Jersey is now a jurisdiction from which funds can migrate to Ireland and become an ICAV (UCITS or AIF) and Irish ICAVs will be able to move to Jersey without the need to wind-up.

Jersey joins the British Virgin Island and the Cayman Islands as jurisdictions which can migrate under the ICAV Act.
 

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