State draws up new legislation to reform Limited Partnerships

State draws up new legislation to reform Limited Partnerships

Number of secretive financial structures has nearly tripled

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€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post