EisnerAmper Ireland: Doing business in Europe post Brexit
On 23 June 2016, the UK voted to leave the European Union leading to significant political instability and economic volatility:
- the British Prime Minister, David Cameron, announced his resignation on the morning of 24 June, and was quickly replaced as Prime Minister by Theresa May, while Jeremy Corbyn, the Labour Party leader, is under mounting pressure to resign his leadership of the party;
- international stockmarkets and currency exchange rates experienced significant volatility and the UK lost its AAA credit rating from ratings agency S&P while Fitch lowered its UK rating from AA+ to AA.
Now that the UK has voted to leave the EU, there are many political matters that will require decision-making and negotiation at a European Union and UK level. How long it might take, what form it might take and what the end result might be is at this point unknown. However, as the withdrawal mechanism in Article 50 of the Lisbon Treaty will take at least 2 years from the date of formal notification to the European Council, despite the uncertainty business will continue, as usual, on a day-to-day basis.
Download the full guide: EisnerAmper Ireland – Brexit Guide (pdf).Latest News →
EisnerAmper LLP & EisnerAmper Cayman attend GAIM Ops Cayman conference
Nicholas Tsafos and Peter Cogan, Audit Partners in EisnerAmper LLP and Directors of EisnerAmper Global, attended the Global Alternative Investment Management (“GAIM”) Ops Cayman conference on March 6-9 alongside Ben Leung, Managing Partner of EisnerAmper Cayman and Director of EisnerAmper Global.
GAIM was founded in 1994 and soon became the world’s largest international alternative investment event, known for its high intellectual content as well as the range, quality and quantity of the global investors and allocators it attracts. It has been held in Geneva, Monaco, Cannes, and Cayman.
GAIM is the annual global focal point for global investors to learn about the wider industry and the strategic debate within which alternatives operate, and secondly as an objective platform for the most interesting investment themes and best performing funds globally.
Peter, Nick and Ben were joined by other members of the EisnerAmper Cayman team to participate in interactive workshops and discussions.
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Nicholas Tsafos of EisnerAmper LLP writes article for Hedgeweek
Nicholas Tsafos, Audit Partner in EisnerAmper LLP and Director of EisnerAmper Global, has written an article for the February edition of Hedgeweek. Hedgeweek is a real time news driven website focused on hedge funds and institutional investors. The article covers US groups focus on Irish distressed assets and can be accessed here.Latest News →
EisnerAmper Ireland connect with US colleagues
Alastair MacDonald, Managing Partner, and Frank Keane, Partner and Head of International Business at EisnerAmper Ireland, travelled to the US in January 2016 to meet with colleagues in EisnerAmper LLP’s New York office.
During their visit Alastair and Frank also met with clients of EisnerAmper Ireland in addition to meeting with members of IDA Ireland. The trip also provided an opportunity for Alastair and Frank to meet with members of EisnerAmper Ireland’s team currently on secondment to EisnerAmper LLP. You can read about the experiences of EisnerAmper Ireland’s US Secondees here.
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