Practice Areas
Derivatives & Treasury Operations
Derivatives
William Fry has a leading Derivatives Group. Our clients include banks, buildings societies, insurance companies, pension funds, trusts, hedge funds, UCITS and corporates. We provide a full range of services in this sector from the preparation of risk matrices, negotiating market standard documentation through to structured derivative transactions.
We advise on the use of derivatives, repos and securities lending structures which may involve tax, regulatory or legal arbitrage. We focus on risk management such as netting and regulatory issues for clients. We work with our clients to develop structures that satisfy their business strategy and legal and regulatory requirements
Treasury Operations
Corporate treasury management has been one of the key financial sectors on which the success of the International Financial Services Centre (IFSC) has been built. Ireland has traditionally been the jurisdiction of choice for many European and US treasury operations. The benefits of running treasury transactions through Ireland are:
- A favourable tax regime – Ireland has a 12.5% corporate tax rate for trading entities and has entered into Double Taxation Agreements with many jurisdictions
- A skilled work force – Ireland has one of the most skilled treasury work forces in Europe. It also offers a network of professional service providers and administrators
- Favourable legislation – Ireland has a solid legislative framework for the purposes of treasury transactions, including the Netting of Financial Contracts Act 1995
- Airbus
- Boeing
- Bristol-Myers Squibb
- Caterpillar
- Diageo
- Macquarie
- Pepsi
- Pfizer
- Porsche
- Stanley Black & Decker
- Smurfit
- Whirlpool
- Derivatives
- Repos and securities
- Lending structures
- Tax
- Regulatory
- Legal arbitrage
- Risk management
- Corporate treasury management