Since 22 July 2013, the Alternative Investment Fund Managers Directive (AIFMD) is "live" in the EU and the AIFMD passport regime is effective. Ireland has fully implemented the AIFMD by virtue of AIFM Regulations and the Central Bank of Ireland (Central Bank) has issued a range of materials which include an AIF Rulebook, AIFMD Q&A and Guidance and Application Forms. Funds should have determined the identity of their AIFM (which may be availing of the transitional arrangements). AIFMs should comply, on a best efforts basis, with the requirements of the AIFMD from 22 July 2013 but have a year in which to apply to be authorised as an AIFM.