Irish FDI Screening Regime What You Need to Know Update PDF | 1.58 MB
On 6 January 2025, Ireland's new foreign direct investment screening regime commenced, which will enable 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.
In December, the Department also published its final guidance document on how the regime will be administered, which includes a number of changes compared with the draft documents published as part of the stakeholder consultation process.
As the new regime commences, we are pleased to share our updated Briefing. This provides an overview of the key elements of the new regime, 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. We also draw on our depth of expertise gained in advising on the regime to date.
Please reach out to Matheson’s Competition and Regulation group with any queries.
If you have any queries in relation to this update, please contact our Competition and Regulation partners, Niall Collins, Kate McKenna, Calum Warren, Simon Shinkwin or your usual Matheson contact.