Thursday August 6, 2020

New rules ahead for overseas property sector

Regulation could finally be on the way for the overseas property sector.

19th January, 2008

Regulation could finally be on the way for the overseas property sector.

The recent publicity surrounding the case of Clare solicitor Michael Lynn has served to underline the fact that regulation in the overseas property market in Ireland is almost non-existent.

So it would have been a surprise to many that last week the Financial Services Ombudsman, Joe Meade, ruled against two companies selling property abroad. However, Meade was only able to act in those...

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