The Act is intended to modernise Ireland’s existing legal framework applicable to regulated investment limited partnerships (ILPs) bringing it in line with comparable partnership vehicles available in other leading fund jurisdictions.

2020 was a difficult year for the world, and a challenging year for credit. In our corner of the credit market – fund finance – lenders’ initial response to the pandemic was to pause and re-assess risk exposures.

On January 1, 2021 the Corporate Transparency Act (“the Act”) was passed into law by incorporation into the  National Defense Authorization Act. This marks an important step in bringing the USA into compliance with international transparency standards.