The Summer 2016 Legislation Programme sets out the legislation that the Government will seek to publish over the next few months. In an investment funds context, the third list, which sets out the bills which each Department plans to introduce in the long term (with a status update), includes

  • the Investment Limited Partnership (Amendment) Bill which will amend certain existing CIS legislation, the Investment Limited Partnership Act, 1994 and the Limited Partnership Act, 1907 (work on this bill is underway); and
  • the Criminal Justice (Money Laundering & Terrorist Financing ) (Amendment) Bill which will give effect to the 4th EU Anti- Money Laundering Directive (heads of this bill are expected to be published by end 2016).