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Screening of Third Country Transactions Act 2023 Annual Report 2025 and updated department guidance

Insights Firmwide 24 Jun 2026

The Department of Enterprise, Tourism and Employment (DETE) recently published its first Annual Report on the operation of the Screening of Third Country Transactions Act 2023 (Act).

The report details the operation of the new investment screening regime from its commencement on 6 January 2025 through to 31 December 2025.

The Act introduced, for the first time, a formal mechanism to screen certain foreign (non-EU/EEA/Swiss) investments into Ireland. Its primary focus is protecting Ireland’s national security and public order.

DETE also issued updated Inward Investment Screening Guidance.

We examine the report.

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For more information and expert advice, please contact a member of our Competition, Antitrust & Foreign Investment team.

This content is provided for information purposes only and does not constitute legal or other advice.