The European Union (Alternative Investment Fund Managers) Regulations 2013 (S.I. No. 257 of 2013) establish a comprehensive framework for the authorisation and regulation of Alternative Investment Fund Managers (AIFMs) in Ireland. The regulations specify requirements for obtaining authorisation, operational conditions, and the responsibilities of AIFMs managing both EU and non-EU funds. Key provisions include mandatory disclosures to investors, maintaining adequate liquidity management, and establishing appropriate risk management and valuation practices. The regulations also outline the roles of competent authorities, including the Central Bank of Ireland, in overseeing compliance and ensuring transparency in the management of alternative investment funds.

This framework applies to various entities, including Irish AIFMs, non-EU AIFMs, and mandates specific procedures for marketing AIFs across member states, enhancing cross-border cooperation and safeguarding investor interests. Additionally, provisions ensure that AIFMs comply with remuneration policies aligned with sound risk management, further promoting investor protection.