What has changed, and what has not in financial services |
Issue: 07 / 2007 |
FINANCE asked some of the leading lights of Ireland's financial services sector over the past 20 years for an insight into what has changed and what hasn't changed over the two previous decades, and found that the unrelenting internationalisation of the business and the increasing burden of compliance are some of the common themes that have emerged. |
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27th company for the IEX - 2 more on the way |
Issue: 05 / 2007 |
Boundary Capital, the Irish-based investment group, has become the 27th company to list on the Irish Stock Exchange's IEX, the specialist market for small to mid-sized companies. |
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Anglo's business grows by 57 per cent |
Issue: 05 / 2007 |
Anglo Irish Private Banking grew its profits by a massive 57 per cent over the six months to March 31st, 2007. |
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Editorial |
Issue: 05 / 2007 |
Comments from the editor |
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EU Commission inquiry into VC markets highlights lack of mutual recognition |
Issue: 05 / 2007 |
The regulation and taxation difficulties facing venture capital (VC) firms that are trying to increase cross-border trade is a major obstacle to the development of a more competitive sector, according to a report released by the EU Commission. |
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EU Directives: priorities for 2007 |
Issue: 05 / 2007 |
Implementing the 3rd Money Laundering Directive as well as the Reinsurance Directive are two of the priorities for the Department of Finance over the coming year, as it is obliged to transpose both Directives by the end of 2007. |
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Foreign tax credit relief - is our progress sufficient? |
Issue: 05 / 2007 |
The 2007 Finance Act made welcome changes to Ireland's foreign tax credit regime in respect of foreign taxes paid by branches and foreign capital gains tax suffered in certain jurisdictions. There remains some scope for improvement however, if we are to maximise Ireland's attractiveness, in particular, as a location for headquarter companies. |
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Guggenheim opens for business |
Issue: 05 / 2007 |
Guggenheim Partners, the US diversified financial services firm, has opened its new European collateralised loan obligation (CLO) operation in Dublin this month. |
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Hedge funds - back on the agenda |
Issue: 05 / 2007 |
In a property mad market, hedge funds have failed to take off to date in Ireland.
However, Merrion Stockbrokers is looking to buck the trend as it launches a new hedge fund. |
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Innovative foreign exchange structures for Irish treasurers |
Issue: 05 / 2007 |
Alan O'Neill examines a range of innovative foreign exchange structures now available to Irish corporate treasurers, including the 'soft KI forward, and the 'fader forward', which compares favourably against the more traditional KO forward. |
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Investigating trans-national corporate crime - impact for financial services directors |
Issue: 05 / 2007 |
The proposed Criminal Justice Mutual Assistance Bill, if passed into law, will make it easier for foreign investigative agencies to question Irish financial services companies and their executives who have associations with possible criminals, writes JOE KELLY. He warns that businesses should take notice of this proposed law and seek to protect themselves and their business interests. |
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Lynch propels Oakhill |
Issue: 05 / 2007 |
The arrival of Peter Lynch, former financial director of Eircom, at Oakhill has seen the share price of the printing group rise by over 50 per cent. |
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McCreevy spells out his opposition to CCCTB |
Issue: 05 / 2007 |
The European Commission's plans to introduce tax harmonisation is 'sinister', 'unworkable' and further evidence of the Commission's policy of 'camouflag(ing) the end purposes of proposals until you have put in place the building blocks to achieve them' Internal Markets Commissioner Charlie McCreevy told Irish investment professionals on May 11th. |
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New regime cuts secondment costs - but more should be done |
Issue: 05 / 2007 |
The process of employing foreign nationals in Ireland was improved via the introduction of the Green Card scheme. However, for financial services firms looking to second seasoned executives to Ireland, it can be expensive. So, recent Government and Revenue reforms changing the taxation conditions for skilled professionals as part pf the intra company transfer scheme under the employment permits regime are welcome writes Mark Carter. But he adds that many in the international business community in Ireland are continuing to call for some form of special assignment relief programme aimed at allowing corporations to control assignment costs. |
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Northern jobs on the increase |
Issue: 05 / 2007 |
The number of job opportunities in Northern Ireland is expanding as Invest Northern Ireland promotes the emerging finance sector north of the border. |
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