As detailed in our Front Page bulletin on 20 December 2014, the Minister for Finance published the General Scheme of the Irish Collective Asset-management Vehicle (ICAV) Bill 2014. This new corporate structure will be tailored to the needs of the global funds industry and will have a number of advantages over existing forms of investment vehicle. Conversion from an existing plc fund structure to an ICAV will be facilitated, as will migrations of funds domiciled outside of Ireland into Ireland by continuation as ICAVs.