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ARTICLE · 03 JANUARY 2025

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Irish FDI Screening Regime: Here We Go

6 January 2025 has been confirmed by the Department of Enterprise, Trade and Employment ("Department") as the commencement date of the Screening of Third Country Transactions Act 2023...

IrelandGovernment, Public Sector

6 January 2025 has been confirmed by the Department of Enterprise, Trade and Employment ("Department") as the commencement date of the Screening of Third Country Transactions Act 2023 (the "Act") that establishes a new foreign direct investment ("FDI") screening regime in Ireland in respect of transactions involving 'third country' (ie non-EU/EFTA) investors. The Department's final guidance document for stakeholders and investors has also been published ("Guidance") which provides further clarification. The Department's actual enforcement approach will ultimately determine, and set the tone for, the scope and intensity of review of in-scope transactions.

Commencement of the Regime and Implications

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