All posts in Practice News

18 Dec 2014

Irish Stock Exchange announces #IPOready initiative

The Irish Stock Exchange has announced a new programme for companies planning to go public over the new few years.

The #IPOready initiative, which is supported by Enterprise Ireland and Invest Northern Ireland, provides firms that are on course for an initial public offering (IPO) with a support programme to teach them about investor relations, raising capital and business management.

“Listing on public markets brings enormous benefits for successful companies. Companies that have listed on the ISE raised €23.5 billion between 2004 and 2013. Eight new companies have listed successfully in the past two years. This programme is designed to support more Irish companies to become IPO ready,” said Aileen O’Donoghue, director of strategy at the Irish Stock Exchange.

18 Dec 2014

EU states agree to cap credit and debit card transaction fees

European governments have agreed to cap the fees retailers pay to process debit and credit card transactions in a move the EU parliament said should bring down costs for customers.

Negotiators agreed late last night to cap charges across the 28 countries in the union following a long battle over charges with payments groups, including Visa and MasterCard.

The cap would apply to both cross-border and domestic card-based payments which cost businesses across the EU around €10bn a year. The fees are opaque and differ from country to country.