Credit Unions have come through the worst of the economic storm but are still facing challenges. As a result, significant numbers of credit unions have identified viability threats which are leading to accelerated restructuring activity in the sector.
We assist Credit Unions navigating these challenges including:
Our experience in this sector leverages having advised and reviewed in excess of 200 credit unions and currently working with some of the largest credit unions, auditing some of the largest credit unions in the state and working on some of the largest merger transactions. Other experience includes lecturing for CUMA and Chartered Accountants Ireland, chairing the committee to re-write “PN27 (I) the audit of credit unions in the Republic of Ireland” and serving on advisory panels for the Deptartment of Finance, the Central Bank and ReBo.
Our directly applicable credit union experience is evidenced by the provision of the following services to the Central Bank of Ireland, ReBo and credit unions:
Diarmaid is a Partner and Head of the Firm’s Financial Services department.
Diarmaid provides audit and assurance services to the firm’s domestic and international Financial Services clients, including aircraft leasing vehicles, mortgage backed securitisation vehicles, collateralised debt investment vehicles and pension funds. Diarmaid also leads the provision of the Firm’s advisory services to Irish and international retail banks.
Diarmaid works with the Firm’s corporate clients on pension’s compliance, financial reporting, risk management, internal and external audit and regulatory matters.
As Partner on engagements with both the Central Bank of Ireland and the National Asset Management Agency (“NAMA”), Diarmaid has extensive experience undertaking multiple asset, governance, due diligence and business plan reviews.
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