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The Irish Takeover Panel is the statutory body responsible for monitoring and supervising takeovers and other relevant transactions in relevant companies in Ireland. It was established by the Irish Takeover Panel Act 1997. The Panel is designated as the competent Irish authority for the purpose of the
Takeover Directive The Takeover Directive''2004/25/ECis an EU Directive dealing with European company law's treatment of mergers and acquisitions. It concerns the standards takeover bidders must comply with in how long a bid stays open to, who they offer to, and the i ...
br>2004/25/EC
It is incorporated as a company limited by guarantee. It makes Annual Reports to the
Minister for Enterprise, Trade and Employment The Minister for Enterprise, Trade and Employment ( ga, An tAire Fiontar, Trádála agus Fostaíochta) is a senior minister in the Government of Ireland and leads the Department of Enterprise, Trade and Employment. The current Minister for Ente ...
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Governance

The Members of the Panel are representative of bodies professionally involved in the securities markets and in the field of takeovers: the
Consultative Committee of Accountancy Bodies – Ireland The Consultative Committee of Accountancy Bodies (CCAB) is an umbrella group of chartered professional bodies of British qualified chartered accountants. Members Since 2012, CCAB has five member bodies: * Association of Chartered Certified Account ...
, the
Law Society of Ireland The Law Society of Ireland ( ga, Dlí-Chumann na hÉireann) is a professional body established on 24 June 1830 and is the educational, representative and regulatory body of the solicitors' profession in Ireland. As of 2020, the Law Society ha ...
, the Irish Association of Investment Managers, the Banking and Payments Federation Ireland, and the Irish Stock Exchange plc. Each of these bodies appoints a Director to the Board of the Panel, and may also appoint alternate Directors. The Governor of the Central Bank of Ireland appoints the Chairperson and Deputy Chairperson to the Board, currently Cian Ferriter S.C. (Chairperson) and Ann Fitzgerald (Deputy Chairperson).


List of Chairpersons of the Panel

The Chairperson of the Panel is appointed by the Governor of the
Central Bank of Ireland The Central Bank of Ireland ( ga, Banc Ceannais na hÉireann) is Ireland's central bank, and as such part of the European System of Central Banks (ESCB). It is the country's financial services regulator for most categories of financial fi ...
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References


External links

*{{Official website, http://irishtakeoverpanel.ie/ Regulation in Ireland Financial regulatory authorities Mergers and acquisitions Irish business law