Tuesday July 7, 2020

Thousands of foreign investors in scramble for PPS numbers

Barry J Whyte

Chief Feature Writer

19th May, 2019

The Department of Social Protection could be swamped with tens of thousands of applications for PPS numbers by non-Irish shareholders in Irish companies as a result of new anti-money laundering laws.

That’s according to the Institute of Chartered Secretaries and Accountants (ICSA), which raised the issue in a letter to the Department of Finance last month, warning that “there are currently 230,000 companies subject to the new rules and we believe that a reasonable proportion...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

As the online debate on trans issues remains heated, those affected by them in the real world are calling for more support, space and understanding. But are their voices being heard?

Colin Murphy | 2 weeks ago

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 2 months ago

Oil storage in the self-styled ‘Pipeline Crossroads of the World’ is full to the brim, but the black stuff keeps on coming. With much of the world’s economy in a Covid-19 slowdown, at one point last week, benchmark US crude oil was priced at minus $37.63 a barrel

Barry J Whyte | 2 months ago