ARTICLE
9 November 2018

What the Assisted Decision Making (Capacity) Act 2015 Will Mean For Financial Professionals

M
Matheson

Contributor

Established in 1825 in Dublin, Ireland and with offices in Cork, London, New York, Palo Alto and San Francisco, more than 700 people work across Matheson’s six offices, including 96 partners and tax principals and over 470 legal and tax professionals. Matheson services the legal needs of internationally focused companies and financial institutions doing business in and from Ireland. Our clients include over half of the world’s 50 largest banks, 6 of the world’s 10 largest asset managers, 7 of the top 10 global technology brands and we have advised the majority of the Fortune 100.
What the Assisted Decision Making Capacity Act 2015 Will Mean For Financial Professionals.
Ireland Finance and Banking

Welcome to Matheson’s Private Client podcast series in which members of the Private Client Department provide updates on recent law and tax changes and other issues impacting private clients and those advising them.

What the Assisted Decision Making (Capacity) Act 2015 Will Mean for Financial Professionals

In this episode Paraic Madigan, head of the Private Client Department, Joe Beashal, partner in the Financial Institutions Group and head of the Regulatory Risk Management and Compliance team, and Lydia McCormack, a senior associate of the Private Client Department discuss the Assisted Decision Making Capacity Act 2015 (the ''Act''). The podcast focuses on the impact of the Act for financial bodies and intermediaries and is aimed at those working in, or advising on, the financial sector. In particular it focuses on what it will mean for financial bodies if they are considered “interveners” under the Act and how financial bodies will manage a potentially conflicting duty under the Consumer Protection Code and the Act.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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