.jpg)
The Financial Supervision Commission says there is a new opportunity for finance companies with a new type of fund.
The Regulated Fund will come into effect on May 1, when the FSC says it will reissue specialist and qualifying funds.
In a statement, the commission says it's in response to a new market environment which recognises the importance of appropriate regulatory oversight for funds.
And it has already been met with some approval – the Irish Stock Market says the regulatory structures mean such funds can now be listed there.
Island-based Strix factory to close
'Massive chef shortage' on the Island
Retailer to stop selling 'untenable' newspapers and magazines
Hospitality boss says losing website address has 'massively' affected business
