Article

Ireland's proactive regulation: A competitive advantage

Key takeaways

  • Ireland couples fast, forward looking regulation (including streamlined AIFMD II adoption and 24-hour QI ELTIF approvals) with ETF leadership to speed time to market. 

  • EU passporting, favorable tax frameworks and strong growth in AUM and industry revenues enhance investor reach and fund economics.

  • Integrated, tech enabled Irish fund services deliver scalable, cross domicile execution with robust controls, accelerating launches across complex vehicles and asset classes.

Regulatory leadership and investment vehicle diversification

When you're launching a new fund, regulatory clarity and speed to market can make the difference between capturing an opportunity and watching competitors move first. Ireland's proactive approach to regulation is about more than compliance, it's about building competitive advantage through faster authorisations, diverse vehicle options and frameworks that anticipate market trends rather than react to them.

Ireland's implementation of AIFMD II, for example, streamlines private fund establishment to accelerate authorisation timelines whilst maintaining robust investor protections. Its unique 24-hour authorisation process for Qualifying Investor ELTIFs also demonstrates how domiciliation in Ireland allows you to move quickly from concept to market.

The jurisdiction's ETF domiciliation dominance speaks for itself: 95% of new European ETF launches in 2024 chose Ireland. Recent approval of mutual fund ETF share classes and amended naming rules keeps it ahead of market trends and embeds this position, ensuring you can innovate and launch without waiting for regulation to catch up.

Enhanced market access and investment flow

Your fund's domiciliation isn't just about where it's registered – it's about how easily you can reach investors and raise capital across Europe and beyond. AIFMD and UCITS passporting rights mean you can market seamlessly across the EU from a single domicile, with no separate registrations or duplicated compliance work. For fund managers building pan-European distribution strategies, this represents significant cost savings and faster access to institutional capital.

If launching private credit funds is your focus, particularly ones with U.S.-focused strategies, Ireland's tax advantages can be substantial. The tax treaty network and Section 110 framework create compelling structural benefits that translate directly into better economics for your fund and its investors. The numbers tell the story: industry revenue growing at 4.8% CAGR over five years to reach €14.5bn in 2025, with Ireland's AUM growing faster than any other European fund domicile.

Forward-looking regulatory framework

Regulatory stability matters when making long-term domiciliation decisions. Ireland's combination of forward-thinking regulation and two decades of established expertise provides the confidence that your fund structures will remain viable as markets evolve and geopolitical uncertainty creates volatility elsewhere.

“If launching private credit funds is your focus, particularly ones with U.S.-focused strategies, Ireland's tax advantages can be substantial.”

Ireland’s comprehensive fund services infrastructure

Ireland's regulatory advantages become even more powerful when combined with an integrated fund services infrastructure that can match your operational needs.

Here we take a look at how the right fund services partner doesn't just process transactions, they accelerate your growth.

Integrated service models and cross-functional expertise

Fragmented service providers create operational headaches: inconsistent quality, misaligned processes, coordination challenges that drain your time. Integrated service models and domiciliation services eliminate these friction points whilst giving you access to specialised expertise across investment vehicles and asset classes.

Local teams that know your business inside-out maintain consistent quality without over-functionalised processes, meaning you spend less time managing service providers and more time managing assets. When launching innovative structures or entering new asset classes, multi-domicile service integration optimises resources across jurisdictions, reduces execution risk and speeds up regulatory approval. This breadth of expertise is particularly valuable if you're running complex fund ranges requiring coordinated administration across Ireland, Luxembourg and other domiciles.

Technology-driven operational excellence

High-tech, high-touch fund services deliver tangible value. Fund services partners in Ireland that deploy leading technology solutions offer consistent, streamlined operating models – without offshoring to lower-cost jurisdictions – that are fast, efficient and maintain quality standards. ISAE 3402 accreditation for ETF administration platforms delivers the institutional-grade infrastructure your investors expect, providing reassurance that systems are secure, controls are robust and processes meet rigorous compliance standards.

Reporting obligations are increasing. Fund administrators that take advantage of the latest smart technology are able to generate accurate accounting data flow, NAV calculations and comprehensive audit support – rapidly and cost-effectively for their clients. As fund structures grow more complex, these more advanced middle office capabilities are critical in delivering the accuracy, quality and speed that directly impact your ability to meet investor expectations and capture market opportunities.

Scalable infrastructure for global growth

When launching innovative vehicles or entering emerging asset classes, rapid execution creates competitive advantage. Service providers with strong credit ratings and substantial asset bases give you confidence to move quickly, knowing infrastructure can scale as you grow. 

Customisable service offerings that accommodate specific product requirements across diverse fund structures give you operational flexibility to innovate without infrastructure constraints. Alongside this, when you're looking to capture opportunities in areas like ELTIFs where Ireland's regulatory framework creates first-mover advantages, access to wider cross-functional expertise, can accelerate successful market entry and launch. 

Scalable infrastructure for global growth

When launching innovative vehicles or entering emerging asset classes, rapid execution creates competitive advantage. Service providers with strong credit ratings and substantial asset bases give you confidence to move quickly, knowing infrastructure can scale as you grow. 

Customisable service offerings that accommodate specific product requirements across diverse fund structures give you operational flexibility to innovate without infrastructure constraints. Alongside this, when you're looking to capture opportunities in areas like ELTIFs where Ireland's regulatory framework creates first-mover advantages, access to wider cross-functional expertise, can accelerate successful market entry and launch. 

Future-ready service innovation

Markets evolve, regulations change and investment vehicles innovate. Comprehensive fund administration services combined with access to market specialists help you adapt quickly, whether you're responding to new regulations like AIFMD II or launching emerging investment vehicles.

Client-centric models where senior management and daily contacts remain highly attentive to your needs provide relevant updates and insights that help you anticipate rather than react. Comprehensive support spanning all major asset classes and security types, including exchange-traded funds, private equity, hedge funds and structured securities, ensures you have access to expertise regardless of strategy or structure complexity.

Building your fund's future in Ireland

Ireland's combination of regulatory innovation, stability and support infrastructure creates powerful domiciliation advantages for fund managers. At U.S. Bank, we have the experience, reach, technology and comprehensive fund services offering to enable this. 

 

To learn more about our comprehensive Irish fund services, contact us.

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Disclosures

Investment products and services are:

Not a Deposit • Not FDIC Insured • May Lose Value • Not Bank Guaranteed • Not Insured by any Federal Government Agency

U.S. Bank Global Fund Services (Ireland) Limited is registered in Ireland, Company Number 413707. Registered Office at 24 - 26 City Quay, Dublin 2, Ireland. Directors: Eimear Cowhey, Ken Somerville, Hosni Shadid (USA), Barry O'Connor, Maureen Stanley. U.S. Bank Global Fund Services (Ireland) Limited is regulated by the Central Bank of Ireland.

U.S. Bank Global Fund Services (Guernsey) Limited is licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 2020, as amended, by the Guernsey Financial Services Commission to conduct controlled investment business in the Bailiwick of Guernsey.

U.S. Bank Global Fund Services (Luxembourg) S.à.r.l. is a Luxembourg – registered company, recorded with the Luxembourg Trade and Companies Register under number B238278, and having its registered office at Floor 3, K2 Ballade, 4, rue Albert Borschette, L-1246 Luxembourg. U.S. Bank Global Fund Services (Luxembourg) S.à.r.l. is authorised and supervised by the Commission de Surveillance du Secteur Financier (CSSF).

U.S. Bank is not responsible for and does not guarantee the products, services, performance or obligations of its affiliates.