Brexit Solutions Service

  • 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