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  • Article

    Redomiciliation Of An Investment Trust From The Cayman Islands To Ireland

    On 1 October this year, Dillon Eustace successfully obtained approval from the Central Bank of Ireland (the "Central Bank") for the first re-domiciliation of an investment trust from the Cayman Islands to Ireland.
    IrelandStrategy
    Dillon Eustace
    Dillon Eustace
  • Article

    Central Bank Issues Pre-Christmas And Year-End Application Deadlines

    Additionally, the Central Bank has requested receipt of a list of proposed QIAIFs for approval on a weekly basis from mid-November
    IrelandWealth Management
    Dillon Eustace
    Dillon Eustace
  • Article

    Shari'ah Compliant Securities Listing On The Irish Stock Exchange

    The Sukuk is the Islamic equivalent of a conventional bond, which has been designed to be Shari'ah compliant in terms of its origination and subsequent trading.
    IrelandWealth Management
    Dillon Eustace
    Dillon Eustace
  • Article

    Budget 2017 And Offshore Accounts

    In his Budget speech on 11 October 2016, the Minister for Finance announced a comprehensive programme of targeted intervention against offshore tax evasion.
    IrelandTax
    Matheson
    Matheson
  • Article

    Central Bank UCITS (Amendment) Regulations 2016

    On 5 October, 2015 the Central Bank of Ireland (the "Central Bank") issued a new set of regulations relating to Irish domiciled UCITS, their management companies and their depositaries...
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Priority Of Judgment Mortgages

    The status of a judgment mortgage as against an executed charge that was registered later in time in the Property Registration Authority has been clarified by Keane J. in Larianov Foundation v...
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    The Shenzhen-Hong Kong Stock Connect Has Launched And The Central Bank Of Ireland Is Ready To Accept Applications

    Work was already underway prior to the launch of the Shanghai Stock Connect to create the Shenzhen-Hong Kong Stock Connect (the" Shenzhen Stock Connect").
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    New Irish Fund Structure To Facilitate U.S. Investment

    The Irish Minister for Finance has announced that he has approved the development of legislative proposals for a new corporate structure for the Irish funds industry (the "SICAV").
    IrelandWealth Management
    Dillon Eustace
    Dillon Eustace
  • Article

    Springboard Mortgages Limited Fined €4.5m By The Central Bank Of Ireland

    A good example of the increased tendency by the Central Bank of Ireland, to use its enforcement powers, in tandem with its supervisory powers is its recent settlement with Springboard Mortgages Limited...
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Ireland As A Domicile For Private Equity Funds

    Private equity firms may need to use a wide variety of legal structures and domiciles to conduct their operations efficiently.
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Consequences Of Admissions In ASP Settlements

    As part of any settlement under its Administrative Sanctions Procedure (the ASP), the Central Bank of Ireland (the Central Bank) expects a breach to be admitted.
    IrelandWealth Management
    Dillon Eustace
    Dillon Eustace
  • Article

    The Future Of Redress? A Consideration Of The Tracker Mortgage Examination

    The Central Bank of Ireland first announced details of its 'Tracker Mortgage Examination' in October 2015.
    IrelandWealth Management
    Dillon Eustace
    Dillon Eustace
  • Article

    The Companies (Accounting) Act, 2017 – Welcome Clarity On Where Floating Charges, Once Crystallised, Rank In Relation To The Claims Of Preferential Creditors

    The Companies (Accounting) Act, 2017 (the Act) was signed into law by President Michael D. Higgins on 17 May 2017 and came into operation on 9 June 2017.
    IrelandWealth Management
    Dillon Eustace
    Dillon Eustace
  • Article

    UCITS Alternatives

    2009 saw a significant increase in the number of UCITS being established which pursue what would typically be considered to be alternative investment strategies. This trend is expected to continue in 2010.
    IrelandWealth Management
    Dillon Eustace
    Dillon Eustace
  • Article

    Former INBS CEO Loses Appeal Against Central Bank Inquiry

    On 10 July 2015, the Central Bank of Ireland (the "Central Bank") announced that it had referred a case concerning Irish Nationwide Building Society ("INBS") and "…certain persons...
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Ireland's Noonan: Bank Plans Near Burden Sharing Goal

    DUBLIN (Dow Jones)--Irish Finance Minister Michael Noonan said plans by the Bank of Ireland Plc and other stricken lenders to make junior debt holders share the cost of recapitalizing the banks were in line with the government's aim of "appropriate" burden sharing.
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Bankruptcy In Ireland: A Process Best Avoided?

    The IVA is a relatively cheap, courtsupervised, legal process that is available in parts of the United Kingdom which allows individuals to work with an insolvency practitioner to reach agreement with creditors and thereby avoid the publicity and stigma of bankruptcy.
    IrelandWealth Management
    Dillon Eustace
    Dillon Eustace
  • Article

    Compensation For Investors When Investment Firms Fail

    The current crisis in the financial markets has brought the Irish Deposit Protection Scheme, as administered by the Financial Regulator, into the spotlight.
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Ireland And China: Financial Regulators Strengthen Connections

    The Irish Olympic boxing team was not the only successful Irish group to travel to the People's Republic of China recently; the Taoiseach, Brian Cowen T.D., led a trade mission to the PRC at the end of October.
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    EU Green Bond Standard: European Parliament Formally Adopts Regulation

    On 6 July 2021, the European Commission submitted a legislative proposal for the introduction of a European Green Bond Standard (the "EUGBS"), seeking to promote sustainable finance...
    European UnionFinance and Banking
    Dillon Eustace
    Dillon Eustace

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