Our Team can assist with your requirements including:
- Code Compliance Requirements – required documentation and policies;
- Director Appointments – including consents under the Central Bank’s “Fit & Proper” standards;
- Induction & On-going Training for Directors regarding their duties under Companies Acts and other applicable legislation, regulations, or codes of practice;
- Board Evaluations - review of Board’s performance, individual director’s performance and procedures;
- Evaluation of Board Papers;
- Terms of Reference for Board Committees; and
- Advice on the annual report on Corporate Governance.
We have advised many fund companies and fund management companies on the range of issues arising from the Code, on general corporate practice and compliance matters.
Department
- Sources praise the lawyers' "knowledge of the Irish regulatory environment," saying: "They know how the Central Bank is likely to view things." Clients further describe the team as "responsive and commercial." Chambers Europe 2020
- One client describes their overall experience with William Fry as "excellent. They deliver high quality work, respond to client needs, communicate very well and tailor their advice to each problem in a clear, concise manner." Another client adds they are "excellent and a market leading team. Always prompt and pragmatic." IFLR1000 2020
- William Fry has been described as "the firm that continues to set the benchmark for funds advice in the industry." A source adds that they "have one of the pre-eminent funds legal practices in Dublin and are an acknowledged leader in advising ETFs." The team are "invariably responsive and friendly to work with," as well as having a "historical understanding of the development of our product and business in Ireland cannot be matched elsewhere." Legal 500 2020
- In the opinion of one interviewee, "they are extremely capable, pragmatic, practical and very responsive." Another client reports: "William Fry has a very wide-reaching level of expertise and in-depth knowledge, and another strength is the consistently high quality of the staff." Chambers Global 2019
- "William Fry are solid and trusted partners that have advised on our Dublin umbrella for many years. The team has deep experience and knowledge of the Irish funds industry." Another client commented: "The William Fry team are extremely responsive and skilled at focusing on the material issues at hand. They provide excellent service in a timely fashion that facilitates us to move projects forward easily and effectively. The team always provide a first class service." IFLR 1000, 2019
- Clients enthuse that it is "a top-class law firm" and highlight the team's "attention to client needs and understanding of the inner workings of an asset manager." Another client praises the team's "first-class service, ability to put client needs first and availability." Clients appreciate that the team "is driven by client needs; achieving the client's objectives is the number one priority." Chambers Global 2018
- According to one client, "William Fry are very approachable, respond very quickly to queries and turn documents around promptly, often outside normal hours and at weekends. The depth and breadth of knowledge in the team is high, but the lawyers also have a good commercial sense and understanding." Other Sources advise that "the lawyers are very personable to work with and provide clear and prompt advice." Clients identify "many positives in the team's commercial positioning; they have a strong brand and market influence." Chambers Global, 2017
- William Fry has ‘a broad range of expertise’. Legal 500 EMEA, 2017
- Sources say "The firm looks for solutions and takes a commercial approach. The advice always puts the law into practical terms and helps us to overcome hurdles, or find another route to what we want to achieve. The client service is top drawer." Clients state: "The firm puts the interests of its clients first, providing pragmatic, solution-driven advice in a refreshing way, which is clear, commercial and free from the legal jargon often associated with law firms." Chambers Global, 2016
Team
Dan Morrissey
- Highly ranked in the 'Senior Statespeople' ranking with Chambers Global 2020 and Chambers Europe 2020, Dan is often highlighted by market commentators as a key figure behind the firm's success in attracting funds work.
- Dan is listed in Best Lawyers 2019 under 'The Best Lawyers in Ireland' for work in Mutual Funds and Private Funds.
- Interviewees "have a high regard" for team co-head Dan Morrissey. Chambers Global, 2017
- Dan Morrissey is an extremely experienced senior partner who has served as a non-executive director for a number of leading fund management platforms. Sources describe him as "a very learned all-rounder in the funds industry, and a leading light with extremely useful knowledge." Chambers Europe, 2016
Patricia Taylor
- Patricia advises fund managers on compliance with changes to the funds regulatory landscape. Interviewees praise her experience, her hard-working approach and her understanding of the Irish regulator. Chambers Global 2020
- Clients praise her "commercial, measured and practical approach, and her depth of understanding of the regulatory requirements and their application." Chambers Global 2019
- Clients describe Patricia as "a trusted legal adviser with a lot of experience." Chambers Global 2018
- Patricia is recognised in Best Lawyers 2019 under 'The Best Lawyers in Ireland' for work in Asset Management.
- Patricia is well regarded for advising custodians and service providers on regulatory matters. She has specialist knowledge of QIFs and changes related to UCITS V. Chambers Global, 2017
- Sources describe her as an "absolutely expert adviser, who has a real wealth of knowledge." Chambers Global, 2016
Vincent Coyne
- Vincent "has a pragmatic style and effectively balances commercial and practical considerations with regulatory requirements," affirms one source. Chambers Global 2020
- According to one client, Vincent's work "is of the highest standard with a 100% can-do attitude. Very good client interaction and at the same time excellent knowledge of the fund sector." Another client adds that he "has a great breadth of knowledge, strong understanding of our areas of concern and keen commercial focus. He is prompt and responsive, and he is quick to identify solutions which have saved us time and costs. I frequently recommend his services to other investment firms." and "there is never any wasted time when dealing directly with him." IFLR1000 2020
- One client appreciates that "he is able to give us considered, sensible and on-the-spot guidance." Chambers Global 2019
- "Vincent has a great breadth of knowledge, strong understanding of our areas of concern and keen commercial focus. He is prompt and responsive, and he is quick to identify solutions which have saved us time and costs. I frequently recommend his services to other investment firms."… "His work is of the highest standard with a 100% can-do attitude. Very good client interaction and at the same time excellent knowledge of the fund sector." IFLR 1000, 2019
- Clients say that Vincent is "very good at coming up with alternative ways of approaching problems." Chambers Global 2018
- According to clients, Vincent Coyne is "great at managing clients' expectations. He is detailed and prompt in his responses, and is also commercially minded in his advice and suggested solutions." Chambers Global 2017
- Vincent Coyne "can always be relied on" Legal 500 EMEA 2017
James Phelan
- According to Legal 500 2020, one client notes that James "is a vital resource. He can provide a commercial perspective, combined with a deep understanding of the rules." James is considered "an invaluable source of support, always willing to go the extra mile for us and his advice is always sensible and on point. Exceptional understanding of the regulatory landscape and an ability to convey legal knowledge in a genuinely useful way."
- "We can be confident that James will push the boat out for us when called on to do so. He has an excellent understanding of the regulatory environment in which our business operates." One source adds: "James is a personable, friendly guy, as are all of his team. He is highly thought of across the board." Legal 500 2020
- According to IFLR 2020, James "provides very thorough and sensible advice to us and has a keen eye for detail, puts the interests of his clients before all else. He provides great stewardship to the William Fry team and provides pragmatic advice in a clear, timely and responsive manner."
- Client feedback: "James provides very thorough and sensible advice to us and has a keen eye for detail. He puts the interests of his clients before all else. He provides great stewardship to the William Fry team and provides pragmatic advice in a clear, timely and responsive manner." IFLR 1000 2019
- James Phelan has ‘a keen eye for detail’. Legal 500 EMEA 2017
Lorena Dunne
- Lorena is described by one client as having great "attention to detail and deep knowledge of the history of our funds in Ireland. She is very personable to deal with and her analytical and technical abilities are invaluable, coupled, as they are, with a strong commercial focus. She is a longstanding and dedicated adviser to our Irish fund range." Another client adds that she "offers a great level of support and her experience with the use and operation of the ICAV structure has been invaluable." Legal 500 2020
- According to IFLR1000 2019 Lorena is described as an "excellent commercial lawyer with a real can-do attitude...she is an impressive individual, who is self-aware and asks good questions...she focuses on details and completes all tasks with energy and gusto until the end."
- Lorena Dunne is well-regarded and "extremely responsive". Legal 500 EMEA 2018