Investment Management Roundtable Discussion – Data Privacy and Security
Ireland is widely recognised as a leading domicile in which to establish investment funds. The most common Irish-regulated fund structures used in fund finance transactions are: (i) Irish collective asset-management vehicles...more
The Central Bank of Ireland (Central Bank) has released an updated version of its AIF Rulebook with a number of enhancements including, in a fund finance context, the removal of the historical regulatory prohibition which...more
California legislators are advancing the proposed Private Equity Sunshine Act (SB 1319) amending the California Public Records Act to require expanded disclosure by California public investment funds, including state and...more
In this report, we examine continuation vehicles through three interrelated perspectives: that of the sponsor, structuring and executing the transaction, the lead investor, anchoring the transaction, and the existing...more
Ireland has taken a significant step forward in the implementation of the Alternative Investment Fund Managers Directive II (AIFMD II), with confirmation that the enabling Statutory Instruments have now been signed and are...more
On March 30, 2026, the U.S. Department of Labor (DOL) proposed detailed guidance on the prudential selection of designated investment alternatives (DIAs) for participant-directed individual account plans. Central to the...more
On March 24, 2026, the Department of Labor (the “Department”) published proposed regulations (the “Proposed Regulations”) implementing Section 3(c) of President Trump's Executive Order 14330, titled "Democratizing Access to...more
On March 30, 2026, the U.S. Department of Labor (DOL) released a proposed regulation on fiduciary duties in selecting designated investment alternatives. The proposed regulation is in response to President Trump’s August 7,...more
The U.S. Department of Labor (DOL) has taken a significant step toward reshaping the investment landscape for defined contribution plans. In March 2026, the DOL released a proposed rule addressing the inclusion of alternative...more
The U.S. Department of Labor (“DOL”) recently published a Notice of Proposed Rulemaking (“NPRM”) titled “Fiduciary Duties in Selecting Designated Investment Alternatives.” The NPRM would pave the way for participant-directed...more
The second iteration of the AIFMD II introduces new requirements for EU alternative investment funds (AIFs) and their managers (AIFMs). AIFMD II came into force on 15 April 2024, and EU member states are required to transpose...more
The first quarter of 2026 saw a steady flow of UK and EU regulatory initiatives and updates, which are relevant to European private fund managers as well as non-European managers marketing or operating in Europe....more
New regulatory framework introduces flexible fund structures with reduced establishment and management costs for institutional investors....more
As private fund advisers move out of Form ADV annual amendment season, the regulatory conversation shifts in a very practical way. The focus moves from what has been disclosed to whether an adviser’s compliance program is...more
On March 30, 2026, the United States Department of Labor (DOL) issued a proposed regulation addressing the selection of investment options for participant-directed individual account retirement plans. The proposal outlines...more
Welcome to Goodwin’s Financial Services News Roundup. Our newsletter highlights important legal, regulatory, and business developments related to financial services and banking....more
On March 2, 2026, the Capital Market Authority (CMA) of Saudi Arabia issued the Instructions of Simplified Investment Funds (the “Instructions”), marking a significant milestone in the Kingdom’s efforts to modernize its asset...more
Blackstone has announced the closing of its newest life sciences private fund. The fund — Blackstone Life Sciences VI — was oversubscribed and closed at its hard cap of $6.3 billion in commitments....more
On March 30, 2026, the US Department of Labor (“DOL”) issued the proposed rule, “Fiduciary Duties In Selecting Designated Investment Alternatives,” which outlines how a fiduciary may satisfy its duty of prudence when...more
On March 27, 2026, the legislative decree (the Decree) transposing Directive (EU) 2024/927 (the so-called AIFMD2) was published in the Official Gazette, introducing significant amendments to the Italian Financial Law...more
On 30 March 2026, Department of Labor (DOL) issued a proposed rule, in response to President Trump’s August 2025 executive order, that seeks to clarify DOL’s position on fiduciary duties in connection with the selection of...more
On March 30, 2026, the U.S. Department of Labor (DOL) released its long-awaited proposed regulation entitled “Fiduciary Duties in Selecting Designated Investment Alternatives” (the “Proposed Rule”), in response to President...more
On 27 March 2026, Legislative Decree No. 39/2026 (“Decree”), implementing Directive (EU) 927/2024 on delegation arrangements, liquidity risk management, supervisory reporting, provision of depositary and custody services and...more
On March 30, 2026, the Department of Labor’s (DOL) Employee Benefits Security Administration proposed a regulation (the Proposal) creating a new process-based safe harbor for Employee Retirement Income Security Act of 1974...more
On March 30, 2026, the U.S. Department of Labor (“DOL”) issued a much-anticipated proposed regulation (“Proposed Rule”) that would facilitate the inclusion of alternative assets within designative investment alternatives...more