Irish Takeover Panel
{{short description|Irish regulator for company mergers and acquisitions}}
{{Use dmy dates|date=April 2022}}
The Irish Takeover Panel is the statutory body responsible for monitoring and supervising takeovers and other relevant transactions in relevant companies in Ireland.{{cite news| url=http://irishtakeoverpanel.ie/about/| work=Irish Takeover Panel| title=About the Irish Takeover Panel | date=29 October 2014}} It was established by the Irish Takeover Panel Act 1997.{{cite news| url=http://www.irishstatutebook.ie/eli/1997/act/5/enacted/en/html| title=Irish Takeover Panel Act, 1997 | date=12 March 1997|accessdate=11 February 2016}} The Panel is designated as the competent Irish authority for the purpose of the Takeover Directive [http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex%3A32004L0025 2004/25/EC]. It is incorporated as a company limited by guarantee. It makes Annual Reports to the Minister for Enterprise, Trade and Employment.{{cite news| url=http://irishtakeoverpanel.ie/about/annual-reports/| work=Irish Takeover Panel| title=Annual Reports}}
Governance
The Members of the Panel are representative of bodies professionally involved in the securities markets and in the field of takeovers: the Consultative Committee of Accountancy Bodies – Ireland, the Law Society of Ireland, the Irish Association of Investment Managers, the Banking and Payments Federation Ireland, and the Irish Stock Exchange plc. Each of these bodies appoints a Director to the Board of the Panel, and may also appoint alternate Directors. The Governor of the Central Bank of Ireland appoints the Chairperson and Deputy Chairperson to the Board, currently Cian Ferriter S.C. (Chairperson) and Ann Fitzgerald (Deputy Chairperson).{{cite news| url=http://irishtakeoverpanel.ie/about/the-panel/| work=Irish Takeover Panel| title=The Panel}}{{cite web |title=New Chairpersons of Takeover Panel and Investment Compensation Company DAC (ICCL) Announced |url=https://www.centralbank.ie/news-media/press-releases/new-chairpersons-takeover-panel-investment-compensation-company-01-June-2018 |website=Central Bank of Ireland |accessdate=5 July 2020}}
List of Chairpersons of the Panel
The Chairperson of the Panel is appointed by the Governor of the Central Bank of Ireland.
| class="wikitable" style="text-align:center" |
| Name {{small|(Birth–Death)}} ! Term of office |
|---|
| Mr Justice Daniel O'Keeffe {{small|(1943–)}} | 1998–2008 |
| Rory Brady S.C. {{small|(1957–2010)}} | 2008–2010 |
| Denis McDonald, S.C.
| 2010–2018 |
| Cian Ferriter, S.C.
| 2018– |
References
{{Reflist}}
External links
- {{Official website|http://irishtakeoverpanel.ie/}}
Category:Regulation in Ireland
Category:Financial regulatory authorities