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Arthur Cox

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AIFMD II: New Central Bank authorisation process for AIFMs managing loan originating AIFs

Earlier today (29 January 2026), the Central Bank of Ireland (the “Central Bank“) published an Authorisation process note setting out a streamlined application process for the extension of authorisation of alternative investment fund managers (“AIFMs“) that currently manage loan originating alternative investment funds (“AIFs“). This is part of the Central Bank’s preparation for the implementation of Directive (EU) 2024/927 (“AIFMD II”) which amends Directive 2011/61/EU (“AIFMD”) and is due to be transposed into Irish law by 16 April 2026.