Finance and Capital Markets partners Turlough Galvin, Alan Keating and Donal O’Donovan are often asked by clients and non-Irish law firms about whether Irish law account security is appropriate for lenders to Irish investment funds with an Irish depositary which has appointed sub-custodians who ultimately hold the fund assets in accounts outside of Ireland.
Irish Law Account Security: Considerations in Fund Finance Transactions PDF | 0.37 MB In this update they have given a summary of these issues. Read more here.