On 23 July 2014, the Central Bank issued a press release noting that, as of close of business, 22 July 2014, the Central Bank had authorised 64 Alternative Investment Fund Managers (AIFMs). In addition, 35 AIFMs had been registered. In total, 99 AIFMS have the authority to operate within Ireland and the 64 authorised AIFMs also have the right to market throughout the EU. This follows a period of intense interaction between the Central Bank and AIFM applicants. A further 24 applications are largely complete and may, in due course, be authorised pursuant to Art 8(5) of 2011/61/EU.