State draws up new legislation to reform Limited Partnerships

Number of secretive financial structures has nearly tripled

3rd November, 2019

The government is drafting new legislation to reform Limited Partnerships (LP) as registrations of the secretive structures in Ireland are on the way to tripling since 2014, The Sunday Business Post can reveal.

LP-like structures have been implicated in money-laundering scandals in Scotland, and are the vehicles of choice for private capital in financially secretive jurisdictions like Delaware, the Cayman Islands and Luxembourg.

The number of the obscure partnership structures has grown from just over 1,000...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Analysis: Debt didn’t cause Super League fiasco but it accelerated it

Sport Emmet Ryan 4 hours ago

Susan O’Keeffe: It will take the actions of millions worldwide to truly eliminate racial hated

World Susan O'Keeffe 10 hours ago

Analysis: Football’s super rich can get even richer if they allow the middle class to prosper

Sport Emmet Ryan 1 day ago

Neale Richmond: No discussion can be off the table when it comes to a shared island