| Conference - innovations and new products for the investor |
Issue: 08 / 2006 |
| Building on the success of the fourth Finance Dublin International Securitisation Conference in November 2005, this year’s conference will be a must attend event on the European ABS markets diary. The 2006 conference will have an investment focus as its theme. This will reflect Ireland’s niche position as an investment centre, and will hence also look at issuance topics, as well as structural, and legal and trustee topics with an investment/trading perspective. |
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| Credit/lending professionals are most difficult to find in tight Irish labour market |
Issue: 08 / 2006 |
| Professionals with credit and lending experience are the most difficult candidates to recruit, according to financial services recruiters.
The boom in property development and growth in lending, low interest rates and demographics, are fueling this demand for credit professionals. Structured finance, corporate finance, venture capital and wealth management all show a continuing demand for high calibre candidates which far outstrips current supply. |
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| Decline of defined benefit continues |
Issue: 08 / 2006 |
| Almost 40 per cent of all Irish defined benefit pension schemes are now closed to new entrants, and this is expected to rise to 60 per cent over next three years, according to a survey by Mercer Human Resource Consulting. |
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| Finance Jobs in Ireland: banking on a career with corporates |
Issue: 08 / 2006 |
| As a senior relationship partner, and head of AIB Corporate Banking Ireland's international financial services sector, Diarmuid O'Neill has worked with corporates in a variety of sectors such as telecoms, medical device, software, food & beverage and Asia Pacific. Key to success in such a role is continuous professional development, says O'Neill, who has just graduated from the Harvard Business School Program for Leadership Development. |
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| Finance Jobs in Ireland: profile of a financial services lawyer |
Issue: 08 / 2006 |
| A lawyer working in financial services needs to be able to think laterally, says Michael Barr, a partner with A&L Goodbody, as 'clients do not want just a legal answer but rather someone who will work with them to get their product into the market in a successful and cost effective way'. Other attributes required include being able to take in and understand quickly new concepts and ideas, and the ability to work well with people at all levels within an organisation, to get the deal done. |
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| Financial regulatory authorisation: doorway or barrier to the Irish market? |
Issue: 08 / 2006 |
| Sin?ad O’Loghlin and Tom Carney discuss the general Irish and EU legal framework within which the Financial Regulator is required to exercise its statutory authorisation function, in respect of the Irish financial and insurance services markets. |
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| IFS employment up 8 per cent in 2005 |
Issue: 08 / 2006 |
| Ireland’s international financial services (IFS) sector created 1,485 net new jobs in 2005, the just published Finance Dublin Yearbook 2006 reveals. Total employment in the three core sectors of banking, funds and insurance stood at 19,095 at end December 2005, up 8.4 per cent from 17,610 on the same date a year earlier. |
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| Investors benefit from wide range of wealth management services now offered by stockbrokers |
Issue: 08 / 2006 |
| As the number of HNWIs (high net worth individuals) continues to grow in Ireland, stockbrokers are increasingly offering services beyond those that would be traditionally offered by a stockbroking firm, and expertise that traditionally was available to only institutional investors, is now being made available to a wider market. Here, Eamonn Glancy profiles the changing face of Goodbody Stockbrokers, which continues to evolve from traditional stockbroking, to providing a wide range of wealth management services to match the diverse needs of today’s investor. Some of the services offered by the broker, and assessed by Glancy in this article, include range trading, retirement planning, alternative investments, and pooled investment vehicles. |
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| Is there enough choice in the Irish audit market or are joint audits needed? |
Issue: 08 / 2006 |
| Drawing on Oxera’s consultancy report on ‘Competition and choice in the UK audit market’, Joe Carr examines whether or not there is enough choice in the Irish audit market. He concludes that the risks identified by the Oxera report apply equally in the Irish context, and ‘joint audits’ might be a solution to this problem. |
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| Living the ‘Good Life’ in Dublin |
Issue: 08 / 2006 |
| Vittorio Lacagnina, a managing director at DEPFA Bank, has worked all over the world, including six years with Goldman Sachs in New York and London. Now based in Dublin, Lacagnina enjoys ‘the warmth of the Irish’, but argues that Dublin needs to move away from its servicing reputation, and develop a broader appeal to the financial services industry as a whole. |
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| New ID systems proposed |
Issue: 08 / 2006 |
| The Irish financial services industry is calling for the introduction of a national identity card system in order to facilitate the implementation of anti-money laundering measures complying with the Third Anti Money Laundering Directive, which, in the absence of such an identification system, makes the system much more complicated and expensive for Irish financial institutions. |
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| Northern Ireland gears up for Irish business |
Issue: 08 / 2006 |
| Northern Ireland’s investment body is gearing up to attract Irish based financial services companies to outsource some of their functions up north. |
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| Nurturing smaller businesses |
Issue: 08 / 2006 |
| The report of the Small Business Forum has analysed the position of small and growing businesses in Ireland, and made recommendations for government measures to assist the sector. The analysis and recommendations echo the findings of a report produced by KPMG for the Inland Revenue in the UK, writes Mike Gaffney, partner, KPMG Tax Department. |
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| Pensions reporting - moving towards full recognition |
Issue: 08 / 2006 |
| With standard-setters moving towards converging on a full recognition basis there are still multiple underlying issues with regard to measurement and disclosure of pension obligations. Brendan Sheridan weighs up the debate which standard setters globally are heavily engaged in. |
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| Product profiles: FOREX |
Issue: 08 / 2006 |
| A wide variety of FOREX products are available in the Irish market-place to corporate treasurers. Below are some of the services offered by the main banks |
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