A public consultation has been launched in Ireland on whether details on a central register of beneficial owners of Irish incorporated companies should be made available to the public at large.
The inclusion of leasing activities within the qualifying activities that an Irish securitisation company (commonly known as a Section 110 company) can carry out has resulted in a greater use of Section 110 companies for debt raising in aviation finance structures.
If you are a company engaged in financial services with international operations read on to learn more about how your business may be affected by measures which emerge from the Plan.
Ireland is a well established location for leasing aircraft. More than half of the world’s leased aircraft are leased from Ireland.