New Law Requires Companies to Identify Beneficial Owners

AUTHOR(S): Deirdre-Ann Barr, Fergus Bolster, George Brady, Alan Chiswick, Pat English, Darren Maher, Éanna Mellett, Robert O’Shea, Tim Scanlon, Patrick Spicer
PRACTICE AREA GROUP: Corporate, International Business
DATE: 22.11.2016

What has happened?

The Irish Government has moved early to introduce certain EU-wide measures aimed at combatting money laundering and terrorist financing.  This means that, starting now, most Irish companies need to gather information about their “beneficial owners”.  This ownership information is likely to become publicly accessible in the near future.

How Matheson can help

Read more about this important development in our client briefing. If you would like to discuss the impact that these new measures have on your organisation, please get in touch with your usual Matheson contact.

Download PDF