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Ireland will shortly introduce a pivotal legislative change regarding the review and scrutiny of foreign direct investments into the State coming from entities ultimately controlled outside of the EU, the EEA or Switzerland.
Ireland will shortly introduce a pivotal legislative change
regarding the review and scrutiny of foreign direct investments
into the State coming from entities ultimately controlled outside
of the EU, the EEA or Switzerland.
This new regime means that UK, US and Asian buyers in relevant
sectors will be caught and have to notify transactions to the
Minister for Enterprise, Trade and Employment for approval prior to
closing transactions.
Partner and head of EU and Competition, Ronan Dunne discusses
this new regime.
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.