Proposed Amendments to Ireland’s Section 110 Regime: Irish Real Estate Related Assets

Ireland's Minister for Finance yesterday published proposed amendments to Ireland's Section 110 securitisation regime with respect to Irish real estate transactions. Section 110 companies that have no exposure to Irish real estate assets are unaffected by the proposed amendments.

The proposed amendments are subject to change and are expected to be included in the Finance Bill which will be published after Budget 2017 is announced next month. As currently drafted, the proposed amendments are to apply to Irish real estate related profits arising to a Section 110 company after 6 September 2016.

We set out in the attached advisory a summary of the measures proposed.


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