Beneficial Ownership – Meeting Your New Obligations

On 22nd March 2019, the European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 came into effect in Ireland. The Regulations require corporate and other legal entities incorporated in Ireland to hold adequate, accurate and current information on their beneficial ownership, including details of the beneficial interests held. UCITS and AIFs including ICAVs,

New IRS Rules: Partnership Representative Solutions

Meeting the New IRS Rules with Carne’s Partnership Representative Solutions The Internal Revenue Service (IRS) has introduced new partnership audit rules which require U.S. partnerships to appoint a Partnership Representative (PR) to manage the audit process with the IRS for each tax year. The new rules apply to any domestic or foreign partnerships, including any

Tag Rugby World Cup 2018

Kevin Curtis’s Tag Rugby World Cup 2018 Blog     Tag Rugby World Cup 2015   I started playing Tag Rugby casually in Clontarf Rugby Club after years of playing rugby union. In late 2014 it was announced that for the first time Ireland would be entering the Tag Rugby World Cup, hosted in the

Regulatory Update (Ireland) Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2018

The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2018   The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2018 (the “2018 Act”) commenced on 26 November 2018. The Act amends the Criminal Justice(Money Laundering and Terrorist Financing) Act 2010 (the “2010 Act”) to incorporate the requirements of the Fourth EU Money Laundering

The Brexit Blog By CARNE

With Theresa May’s Brexit deal facing probable defeat in Westminster next week, its time to consider the various scenarios that may follow.  We will now catch up on where the negotiations are and look at some positive soundings from the Central Bank of Ireland (CBI) that should lessen the blow of a potential hard Brexit.

Announcement of Partnership Agreement with Swedbank

Press Release 29 November 2018 Swedbank Announces Carne Group as New provider of Management Company services Swedbank issued a press release this morning across EMEA announcing it is entering into a partnership agreement with Carne Group, the market’s premier global and independent provider of fund management company solutions. Going forward, Carne will provide management company

Funds Congress 2019

Carne Group has announced it is holding its 8th Annual Funds Congress in London, February 7th 2019. Over 1,000 people from across the global asset management industry attended in 2018 and next year’s event promises to be even bigger and better. Please register here if you would like to join Carne for what promises to be

Driver of a Better Society

Des Fullam, Global Head of Product at Carne, describes how the global asset management industry can contribute to the implementation of the UN’s Sustainable Development Goals (SDG), the added value of the finance industry in reaching SDG targets and the increase in popularity of impact investing through a decrease in barriers. “The world cannot go