Banking & Financial Services
Our Banking & Financial Services team advises domestic and international banks, financial institutions, direct lenders, corporates, SMEs and individuals on an extensive range of corporate/commercial banking transactions. We are focused on delivering innovative and pragmatic solutions for our clients.
Our Financial Services Regulation unit also advises banks, financial institutions, direct lenders, corporates, SMEs (including FinTechs) and individuals on key areas of financial regulation.
The recent growth of our Banking & Financial Services practice reflects our commitment to extending our services to meet client needs. With lending activity on the rise, our team is playing its part in facilitating a diverse range of transactions to meet client demand.
Banking and Financial Law Services
Our Banking and Financial Services team deliver client focused expertise in their field. We act for the main clearing and lending banks in Ireland together with other financial institutions, direct lenders, corporates, SMEs and individuals in their capacity as lenders or borrowers in a wide range of secured lending transactions including:
- Acquisition / Leveraged Finance
- Commercial Real Estate Investment and Development Finance
- Transaction Restructuring
- Global Corporate Restructuring
- Debt sale and acquisition
- Security due diligence and reviews
- Asset based finance, invoice discounting, leasing and hire purchase
Financial Services Regulation
Our financial services regulation unit includes experienced lawyers with specialist expertise and knowledge in the area of Financial Services Regulation and in particular in the area of payments regulations. Our team provides advices on a range of regulatory and compliance issues relevant to regulated banks/financial institutions, direct lenders, small and medium-sized enterprises in the fintech industry and private individuals. The areas include:
- The Payment Services Regulations and Directives (PSD1 & PSD2)
- Data Protection
- SME Code
- Code of Conduct of Mortgage Arrears
- Consumer Protection Regulations and Codes
The development of financial services technology has changed the landscape of the financial services industry with Ireland establishing itself as a hub for many FinTech companies. Our lawyers have the experience and expertise to provide first rate legal advice to companies with an existing presence and companies seeking to establish a presence in Ireland post-Brexit or otherwise. We advise on the many legal issues affecting companies operating in this space including but not limited to:
- Financial Services Regulation
- The GDPR
- Data Privacy
- Cyber Security
- Intellectual Property
What clients say: Banking & Financial Services
"Very open and constructive in scoping work with client to insure expectations are aligned. Work well with clients to understand their tolerance for risk throughout each process and calibrate their approach effectively to allow a commercial approach to negotiations, where other law firms find it difficult to advise anything other than a zero risk approach. Advice is excellent and marries experience not only in executing transactions but in working the underlying assets within the portfolios on which they advise. Take a partnership approach to grow with clients and will not take on business that doesn't suit their expertise. When working together receive full attention and commitment. Level of openness and integrity unmatched in every interaction."
"Commercial decisions. Quick to answer queries”; "Very proactive in meeting an extremely tight deadline. Stayed focused on drawdown date throughout, and liaised closely with all parties involved, updating tracking list of exactly what was still required to progress at any given time"; "Clear. Professional. Knowledgeable. Timely.”
The team led by Michael Hanley are very commercial in their thought process. They are excellent at managing timelines and most importantly delivering an excellent service on time and on budget.
Hayes provides a senior lawyer-led service with excellent availability, providing expert advice in a succinct, commercially prudent manner.
Hayes have a very good reputation and their banking and finance team provides a really excellent service that we can count on.
"The banking team are extremely strong. Mick Hanley has excellent experience and the team are particularly specialised in assisting in transacting with alternative lenders."
"The team at Hayes are highly professional and their knowledge and expertise is exceptional. They are friendly, approachable and responsive, and we feel we can trust and rely on them implicitly. The team works very well together. They are supportive and collaborative and can be counted upon in all situations."
"Very knowledgeable deal team who communicate points clearly and concisely and provide solutions to issues. Very quick responses and proactive rather than reactive. Friendly team with a positive, can-do attitude."
"Hayes have a partner-led service with excellent support lawyers."
"Good communication and access to partners is never an issue."
"The individuals really take ownership of their case – even though timelines were tight at different stages, they always managed to meet the target. The individuals took a really personal interest in the client, and stayed very close to the specifics of the transaction throughout."