A&L Goodbody was sole legal adviser to Permanent TSB Group Holdings plc on a recommended cash offer of around €1.62bn from pan-European and US banking group BAWAG. The offer followed PTSB's formal sales process, which was announced at the end of October 2025.
Financial Regulatory
William Fry is advising the State on the sale of its latest remaining shareholding in an Irish bank, expected to net €931 million for the State. Austrian bank BAWAG P.S.K. is proposing to acquire the entire issued share capital of Permanent TSB Group Holdings plc for €1.6 billion.
A targeted amendment to the mortgage measures is to exempt certain principal home bridging loans from the loan-to-income (LTI) limit. The Central Bank of Ireland today announced the changes to the mortgage measures, which are macroprudential regulations that set limits on mortgage lending to support
Fiona Tierney has been appointed as chair of the Pensions Authority for a five-year term. Ms Tierney will take over from Dr David Begg, who has been chair of the body since January 2016.
The Supreme Court has granted leave to appeal on the proper construction of a standard interest variation clause in Bank of Ireland commercial loan agreements. Granting leave to appeal, the Supreme Court determined: “Given that this is a standard term, it remains important to construe the rang
Statutory instruments creating the Irish framework of the European Single Access Point (ESAP) have been signed into law. The ESAP is an EU-wide data portal which is a centralised free source of public information about EU companies and investment products.
The Central Bank of Ireland should explain it wants the Irish government to underwrite contributions to an IMF fund for low-income and vulnerable middle-income countries, an Oireachtas committee has said. The Oireachtas joint committee on finance, public expenditure, public service reform and digita
Gabriel Makhlouf is set to continue as Governor of the Central Bank of Ireland for a further seven-year term. Mr Makhlouf took up the position on 1 September 2019 and will began his second term on 1 September 2026.
A new Motor Insurance Transparency Code has been published in a bid to improve how insurance premiums are presented to consumers. The code has been developed by a working group comprising insurers and intermediaries, with the support of the Department of Finance and the Central Bank of Ireland, and
Bank of Ireland UK has been fined more than £3.7 million for failing to implement UK anti-fraud rules by the required deadline.
Matheson's Joe Beashel, Ian O'Mara and Kevin Burns examine the law on stablecoins across Europe, including in Ireland. Stablecoins have become increasingly central to the crypto-asset ecosystem, serving as a bridge between traditional fiat currencies and digital assets. Initially used primarily for
A blueprint for a new "simplified, tax-efficient investment vehicle for Irish consumers" is being developed by Ireland's financial services industry body. The initiative was announced as Financial Services Ireland (FSI), the Ibec group representing the financial services industry in Ireland, publish
Legislation maintaining an appeals mechanism for SMEs and farmers denied bank credit has been signed into law. The Credit Review Act 2026 provides a stand-alone legal basis for the credit review service established under the National Asset Management Agency Act 2009.
William Fry partners Ruairi Rynn, Fergus Doorly and Gerard James examine a High Court ruling confirming that arbitration clauses do not block winding-up petitions absent a genuine dispute on the debt. In a previous article, we explored the tension between arbitration clauses and insolvency proceedin
International law firm Simmons & Simmons has recruited Louise Dobbyn as a partner in its financial service regulation practice in Dublin. Ms Dobbyn joins the firm from Matheson and brings significant experience advising international financial institutions including banks, investment firms, fund

