Kilrock Securitisation Services provides a range of services across a number of distinct disciplines, including the administration of listed securities and strategic advisory on relocation, restructuring, and regulatory compliance. We work with a diverse portfolio of international clients, offering tailored solutions that meet the evolving needs of modern finance.

Based in Dublin, Kilrock Capital operates at the heart of the international financial services industry. Dublin’s International Financial Services Centre (IFSC) is home to more than 450 financial institutions, including subsidiaries of over half of the world’s top banks and insurance companies. With a workforce of more than 22,000 highly skilled professionals, the IFSC is widely recognised as a global center of excellence in fund administration, structured finance, and securitisation.

Kilrock’s strategic location allows us to bridge time zones across the US, Europe, and Asia, conducting business during standard working hours with clients in all major financial hubs. As the only English-speaking capital within the Eurozone, Dublin provides a unique and advantageous platform for international business, combining regulatory access to European markets with a familiar legal and linguistic environment for global investors.

With our commitment to service, deep expertise in capital markets, and access to a world-class financial ecosystem, Kilrock Securitisation Services is positioned to support complex, cross-border financial structures and to deliver long-term value for our clients.

The tax incentives available to Section 110 entities are very attractive.

Over the years, Ireland has developed a robust infrastructure to support securitisation activities under the Section 110 regime.

Ireland’s membership in the EU and OECD positions it as a reputable jurisdiction rather than an offshore location.

Section 110 companies typically benefit from Ireland’s extensive double taxation treaty network (74 countries are in effect with a further 2 agreed), which helps minimise potential withholding tax liabilities.

The Irish SPC may elect to “check-the-box” to be treated as a tax transparent partnership or a “disregarded entity” (rather than an opaque “per se corporation” for US federal tax purposes).

Ireland’s English-speaking environment and common law system are advantageous for investors, particularly those from the US and UK.

The Kilrock Section 110 service includes:

• incorporating the company in Ireland
• maintaining a registered office of the company in Ireland
• providing suitably qualified Irish resident directors appointed to the board
• opening an Irish Bank account
• maintaining the books and records of the company
• organising and holding quarterly board meetings in Ireland
• managing and filing the audit accounts with the CRO, including filing annual returns

Section 110 companies have specific Central Bank filing responsibilities.

• Each Section 110 Company is required to:
  • Complete the Central Bank online reporting set-up.
  • register with the Central Bank no later than five workings days after its first financial transaction.
  • to complete quarterly and annual SPV and FVC statistical returns. The Kilrock team  file these SPV and FVC returns quarterly within the required deadlines.

Kilrock ensures all regulatory reporting requirements from the Central Bank are prepared, reviewed and filed within the mandatory deadlines

Listing debt offers numerous benefits but also introduces initial and ongoing responsibilities. Kilrock offers comprehensive and continuous advice and services to ensure these responsibilities are managed effectively.

• Which Market
  • Choosing which market to list on, the GEM or MSN, is critical and will impact on time to listing, market access and investor profile.
• Service Providers have to provided and managed.
  • Trustees
  • Listing Agent
  • Sponsoring Broker
  • Paying Agent
• Companies with listed Asset Backed Securities listed on Euronext have specific filing responsibilities.

Kilrock ensures all regulatory reporting requirements from the exchnange are prepared, reviewed and filed within the mandatory deadlines