Posts Categorized: News

The General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018 was published in December 2018. The purpose of the Bill is to make a number of amendments to the Companies Act 2014 (the “Act”) including:- The establishment of the Office of the Director of Corporate Enforcement (ODCE) as a stand-alone agency, to be called

Read More

After a number of significant proposals in the committee stages, the Companies (Statutory Audits) Act 2018 has not changed the ability of companies who are late in filing an annual return to apply to the District Court to retain the audit exemption and avoid paying late filing penalties. When the Bill was introduced, it was

Read More

CRO got a reaction they were probably hoping for when they sent out their email on 12th October 2017 announcing “CRIMINAL PROSECUTIONS  HAVE BEEN COMMENCED “. A lot of directors and presenters started asking “what was the chances of them or their companies being prosecuted by the CRO?” Even the title of the email was

Read More

All Corporate and legal entities required to maintain a register of beneficial owners detailing all persons owning or controlling more than 25% of the shares or voting rights. This information must be filed online to central register maintained by the Companies Registration Office. This requirement has not yet commenced and is due to be commenced

Read More

A revised version of the Governance Code for Community, Voluntary and Charitable Organisations was published on 27th October, 2016. The Code is principles-based and is adopted on a “comply-or-explain” basis. It comprises a set of recommended practices for the boards of community, voluntary and charitable organisations. In late 2015 the Governance Code Working Group (GCWG)

Read More