The EU’s Regulation of Markets in Crypto-Assets (MiCA) will have significant regulatory implications for any firm operating, or planning to operate, in the European crypto/digital asset space. In the latest Funds Ireland MiniCon Podcast, our head of crytpo and blockchain, Andrew Tzialli, discusses all things MiCA with host Daniel Lawlor, including regulatory requirements, timing, costs […]

In this episode of the Funds Ireland MiniCon (FIMC) Podcast, host Daniel Lawlor and our head of crypto and blockchain, Andrew Tzialli, discuss the realities for firms in the crypto and digital assets space who are interested in obtaining (or by virtue of their services, require) authorisation from the financial regulator.     This podcast […]

Philip Lee was delighted to advise Digital 9 Infrastructure plc in connection with its initial public offering on the London Stock Exchange. The day following its admission to the exchange on 31 March 2021 the company will complete the acquisition of all of the shares in Aqua Comms DAC, a Dublin-headquartered operator of sub-sea cable […]

Investors have to factor in liabilities such as structural repairs, insurance cost and LPT when embarking on the leasing of properties for 25 years to local authorities as such costs impact on yields. The Department of Housing, Planning and Local Government through the Housing Agency engaged with investors and other stakeholders to agree a form […]

Trade Treaties are a formal expression of intergovernmental cooperation. Governments relinquish their sovereign rights to choose their own trade (and other) policies in exchange for similar concessions by others. Why might a government be willing to compromise its sovereignty? In a word, the answer is interdependence. The policies imposed by any government affect the well-being […]

The European Central Bank (ECB) has recently published its opinion and suggested amendments, on the draft EU legislation for crypto-assets (MICA). Whilst welcoming a harmonised EU framework, there was a recognition from the ECB that aspects of the draft legislation required revision. The opinion was notable for its comments around the definition of “crypto-assets” and […]

As published in the Business Post, March 14th. Corporate partners Eoin Brereton and Bernard McEvoy discuss their experience in advising clients though crises including the ongoing pandemic in yesterday’s Business Post report on corporate restructuring and rebuilding corporate performance. Philip Lee is one of Ireland’s leading corporate law firms with a strong corporate restructuring practice. […]

Introduction The need for clarification of the legislative landscape governing cryptocurrency is one of the world’s worst kept secrets. Bitcoin in particular recently earned its place on a global platform by exceeding a $1trillion market cap and investors (and recently converted cynics) suddenly find it very difficult to ignore the potential for returns. It is […]

Corporate partners John Given and Andreas McConnell were pleased to contribute the Ireland chapter of the International Comparative Legal Guide on Mergers and Acquisitions for 2021. This guide gives a brief overview of M&A transactions involving public companies in Ireland, including relevant legislation and regulations and recent developments in the area. The Ireland chapter can […]

Outsourcing is back in the news this month with the Central Bank issuing consultation paper CP 138 on “Cross-Industry Guidance on Outsourcing”. The consultation is issued pursuant to the Central Bank’s statutory mandate in relation to stability of the financial system, maintaining proper and effective regulation of financial service providers and markets, and resolution of […]