A Law Society committee has called on the Government to streamline new legislation to deal with unwanted foreign corporate takeovers. Photograph: Eric Luke
“A primary question is whether the department is sufficiently mobilised and resourced to deal with what will be a potential tsunami of filings.” “Reflecting that only a small number of investments will raise substantive issues, a proportionate and tailored investment screening system would permit an abbreviated notification form subjecting only transactions that raise material security and public order concerns to more extended notification requirements,” the committee said.
“The international experience shows that the vast majority of transactions that are screened are permitted to proceed without any restrictions.” Any deals for infrastructure, data, health or telecoms assets could be deemed to be notifiable as they were defined broadly in the EU regime.
Source: Law Daily Report (lawdailyreport.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PJ Kirby shares pride in Irish culture & value of queer inclusive Irish eventsPodcaster and dancer PJ Kirby has opened up about his passion for Irish culture and the importance of creating LGBTQ+ friendly spaces to encourage the queer community to embrace their identity
Source: RSVPMagazine - 🏆 7. / 76 Read more »
Going 'Damp': Why The Damp Lifestyle Is Taking OverSTELLAR Magazine, Irish Fashion, Irish Women's Magazine, Irish Beauty, shops in Ireland, celebrity news, glossy magazine, Fade Street, make-up tips, Irish style, Vip Magazine Group
Source: stellarmagazine - 🏆 25. / 51 Read more »
A List Of Our Favourite Films Directed By WomenSTELLAR Magazine, Irish Fashion, Irish Women's Magazine, Irish Beauty, shops in Ireland, celebrity news, glossy magazine, Fade Street, make-up tips, Irish style, Vip Magazine Group
Source: stellarmagazine - 🏆 25. / 51 Read more »
Contender Neil Lennon says decision on new Irish manager is 'imminent'The protracted search process has been described as ‘embarrassing’ by Damien Duff.
Source: The42_ie - 🏆 5. / 86 Read more »
World Cups, Euros and Champions League: New FAI plan targets glorious future for Irish teams‘We must think bigger, think differently, and enhance our level of ambition,’ says director of football Marc Canham, who aims to help League of Ireland clubs compete regularly in the Champions League
Source: IrishTimesSport - 🏆 2. / 99 Read more »
Three Irish restaurants awarded new Michelin Stars for 2024Three restaurants in Ireland have been awarded new Michelin Stars for 2024, with one more receiving its second in as many years.
Source: JOEdotie - 🏆 31. / 51 Read more »