Digital Garage Establishes Open Network Lab & ESG I Earthshot Fund for Startups in the ESG Field prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.
Comment: Ireland is being used to launder the world’s dirty money and must take action The government needs a strong strategy and the Gardaí need more resources to stop the country becoming a haven for corruption 9th March, 2021
Gulnara Karimova, the daughter of Uzbekistan’s former authoritarian president Islam Karimov: up to $300 million in corrupt payments to her were laundered through the IFSC in Dublin. Photo: Getty
Gulnara Karimova once described herself as “one of the prominent young faces in Uzbekistan”. She was a fashion designer, film-maker, writer and pop singer, regularly rubbing shoulders with the glitterati in New York and Monte Carlo where she promoted her jewellery and fashion brand.
Ireland seeks premier league status for private assets
The passing of the amended Irish Limited Partnership Act in December could see Ireland promoted to the “premier league” of domiciles for private assets.
Furthermore, the impact of the bill and its ability to attract more fund managers to Ireland could create an additional 3,000 jobs and $40 billion in assets by 2025.
These were some of the views expressed when we asked leaders in the Irish funds market for their thoughts on the year ahead.
Here are three excerpts from our wider feature in the February issue of
Funds Europe.
PAT LARDNER, CHIEF EXECUTIVE, IRISH FUNDS
The Irish investment limited partnership (the "ILP"), now re-shaped as a flexible fund investment vehicle following amendments made to the existing Investment Limited Partnership Act, 1994 (the "ILP Act").