Jeffrey Horahan

Barrister (Supervising Associate), Simmons & Simmons

Jeffrey joined Simmons & Simmon’s Dublin office in 2022 and is a member of the firm’s financial services regulation team. Jeffrey is a barrister and a Fellow of the Chartered Institute of Arbitrators.

Jeffrey primarily advises on the Irish and EU regulatory perimeter, and works across a wide range of clients. He advises on MiFID II, payment services, e-money and cryptoasset regulation, securities regulation, domestic banking regulation, AML, fitness & probity matters, environmental, social and governance (ESG) issues and sustainable finance, and the rules of the Central Bank of Ireland.

Prior to joining the firm, Jeffrey practiced at the Bar of Ireland for a number of years. During this time, Jeffrey was an adjudicator for the Financial Services and Pensions Ombudsman, a panel member for the provision of legal and related services to the Central Bank of Ireland, appointed an Independent Appeals Office for the National Childcare Scheme, and acted for the Mother and Baby Homes Commission of Investigation. Jeffrey also has a number of publications in the Commercial Law Practitioner.

Contributed to

5

Ireland—Authorisation of a MiFID investment firm in Ireland

Practice Notes

This Practice Note explores key elements regarding the authorisation of a MiFID investment firm in Ireland pursuant to the SI No 375/2017 European Union (Markets in Financial Instruments) Regulations 2017 (Ireland) as amended, including the conditions for authorisation, organisational requirements, conduct of business requirements, operating on a cross-border basis, and ongoing regulatory requirements.

Ireland - Banking & Financial Services

Ireland—Authorisation of a UCITS in Ireland

Practice Notes

This Practice Note explores key elements regarding the authorisation of a UCITS in Ireland. It includes information on what a UCITS is, a description of the various legal forms a UCITS can take, and details of the underpinning regulatory framework governing UCITS. The roles of a UCITS Management Company (UCITS ManCo) and a Depositary are also examined. Furthermore, this Practice Note summarises the passporting rights that allow UCITS funds to be marketed across the European Economic Area (EEA). It also describes when an authorisation process is required by the Central Bank of Ireland (CBI) and what this authorisation process entails.

Ireland - Banking & Financial Services

Ireland—Authorisation of a UCITS Management Company in Ireland

Practice Notes

This Practice Note explores the key elements regarding the authorisation of a UCITS Management Company (UCITS ManCo) in Ireland. It outlines the regulatory framework governing UCITS ManCos, which includes both EU level directives and local Irish regulations. This note details the conditions for authorisation of a UCITS ManCo, including corporate structure, initial capital requirements, and staffing prerequisites. It also discusses the operational conditions UCITS ManCos must adhere to, such as prudential rules, delegation limits, and conduct requirements.

Ireland - Banking & Financial Services

Ireland—Authorisation of an Investment Business Firm in Ireland

Practice Notes

This Practice Note explores key elements regarding the authorisation of an Investment Business Firm in Ireland pursuant to the Investment Intermediaries Act 1995 (Ireland) (as amended) (IIA 1995 (IRL)).

Ireland - Banking & Financial Services

Ireland—Registering as a virtual asset service provider [Archived]

Practice Notes

This Practice Note has been archived and is not maintained. It explores key elements regarding the registration of a virtual asset service provider in Ireland.

Ireland - Banking & Financial Services

Practice Area

Ireland - Banking & Financial Services

Panel

Contributing Author

Experience

Simmons & Simmons (June 2022 - Present)
Chartered Institute of Arbitrators (Fellow) (October 2017 - Present)
The Honourable Society of the Middle Temple (July 2020 - Present)
Independent Appeals Office, National Childcare Scheme (January 2020 - June 2022)
Adjudicator, Financial Services and Pensions Ombudsman (December 2018 - June 2022)
The Bar of Ireland (July 2015 - June 2022)

Membership

Chartered Institute of Arbitrators
The Honourable Society of the Middle Temple
Professional, Regulatory and Disciplinary Bar Association of Ireland (2019-2022)