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.
On 6 January 2025, Ireland’s new foreign direct investment screening regime commenced, which enabled the Department of Enterprise, Trade and Employment (“Department”) to review, for the first time, transactions involving foreign investment that may impact on security or public order in Ireland, through mandatory notification requirements or a ‘call-in’ power.
On 6 January 2025, Ireland’s new foreign direct investment screening regime commenced, which enabled the Department of Enterprise, Trade and Employment (“Department”) to review, for the first time, transactions involving foreign investment that may impact on security or public order in Ireland, through mandatory notification requirements or a ‘call-in’ power.
As the new regime has reached the one-year milestone, we are pleased to share our updated Briefing. This provides an overview of the key elements of the new regime, and our main takeaways from year one. We also draw on our depth of expertise gained in advising on the regime to date to explain and what parties engaged in M&A activity in Ireland need to think about to ensure preparedness for transactions potentially within scope and manage timing impacts on transaction timelines.
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