Irish Region
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Extension of Virtual AGMS to 31 December 2024
19 December 2023
On the 15th December, 2023, the Minister for Trade Promotion, Digital and Company Regulation, Dara Calleary TD, announced that the interim period of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 which relates to the holding of virtual meetings, including AGMs, had been further extended to 31 December 2024. Read more
Economic Crime (Transparency and Enforcement) Act 2022
02 November 2023
The Economic Crime (Transparency and Enforcement) Act 2022 (the “Act”) became law in the United Kingdom on 15 March 2022. The Act creates a registration requirement at Companies House for any overseas entity which owns a qualifying estate to register on the Register of Beneficial Ownership of Overseas Entities (the “Overseas Register”) maintained by the Registrar of Companies for England and Wales (the “Registrar”) and to disclose details of their beneficial owners therein. Read more
PPSNs for Directors verification and filings with the CRO
06 October 2023
The requirement for company directors to provide Personal Public Service Numbers (PPSN) came into force on 11 June 2023. After three months, the system has bedded in and the CRO has been able to identify some particular issues that presenters and directors may wish to address. Read more
Gender Balance on Company boards and the Irish Corporate Governance (Gender Balance) Bill 2021
08 December 2022
On 22 November 2022, the European Parliament formally adopted a new EU law on the composition of corporate boards following ten years of discussions between the European Parliament and the European Council. The Directive provides that the board of Directors of large EU Listed companies must be compromised of 33% of members of the under-represented gender at the minimum for all director positions (or 40% of Non-Executive Director positions). Read more
An update on the new PPSN disclosure requirement for directors of Irish companies
09 November 2022
This new requirement will be implemented by the Companies Registration Office in the latter part of Quarter 1, 2023 giving presenters time to ensure company director PPSNs are known in the interim. Read more
Extension of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020
28 April 2022
As highlighted in an earlier blog, the interim period of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (the “Act”) was due to expire at the end of this month on 30 April 2022. Read more
Conclusion of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020
27 April 2022
The interim period of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (the “Act”) is due to expire at the end of this month on 30 April 2022. Read more
Recent company law changes
28 January 2022
There a number of important company law changes that members should familiarise themselves with, as set out below. Read more
Irish Corporate Governance (Gender Balance) Bill 2021
10 November 2021
An interesting change to corporate governance and company law in Ireland has been put forward in the form of the Irish Corporate Governance (Gender Balance) Bill 2021 (the “Bill”). Read more
Protecting your identity and the new PPSN disclosure requirement for directors
05 November 2021
A recent Irish Independent newspaper, investigation has highlighted that potential fake companies are being set up in Ireland using the identities of directors or the addresses of existing businesses that have no connection with these companies. Read more
B1 Annual Return filing - this year it’s different
11 October 2021
It’s that time of the year again when a large number of companies are filing their form B1 Annual Return. Read more
Central Register of Beneficial Ownership of Trusts
27 September 2021
Trustees should be aware of their obligations to register details of the beneficial ownership of their trust with the Central Register of Beneficial Ownership of Trusts (CRBOT) on or before the 23rd October. Read more
Updates to the Register of Beneficial Ownership in Ireland
25 June 2021
The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (the 2021 Act) came into effect on 23rd April 2021, transposing the 5th Anti-Money Laundering Directive (5AMLD) into Irish law. 5AMLD imposes enhanced background checks on Designated Persons when taking on new clients. Read more
Guide for directors of Owner Management Companies (OMCs)
23 June 2021
Chartered Accountants Ireland and The Housing Agency have published a new guide “Owners’ Management Companies – A Concise Guide for Directors”. Read more
Companies (Small Company Administrative Rescue Process and Miscellaneous Provisions) Bill 2021
21 June 2021
On 11 May 2021 the Minister for Trade Promotion, Digital and Company Regulation, Robert Troy TD, announced the priority drafting of the Companies (Small Company Administrative Rescue Process and Miscellaneous Provisions) Bill 2021. Read more
Changes to directors residency due to Brexit and the impacts
19 May 2021
Rules surrounding directors changed in December 2020, whereby all companies in Ireland need to have one director who is a resident of the EEA, unless they meet the exemption criteria. Find out more. Read more
New Irish CORE filing system
18 January 2021
As all our Irish members in practice will be aware the new CORE system went live just before Christmas, with some real tangible benefits for users around the electronic filing of some forms. Read more
Covid: Extension of Interim Period under Companies Act 2014 and Industrial and Provident Societies Act 1893
11 January 2021
The interim period introduced by the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 has been extended until 9th June 2021. Read more
Reminder regarding outstanding RBO filings
08 January 2021
Reminder to Companies and Industrial & Provident Societies to file beneficial ownership information with the Central Register of Beneficial Ownership. Read more
Tom Morrison Essay Prize 2021
08 January 2021
Are you a student, recent graduate or new to the governance profession? Or know someone who is?. Read more
Governance challenges in Ireland 2020
18 November 2020
Insights into how boards and company secretaries are managing during the pandemic. Read more
Change of Financial Year End
13 October 2020
Section 288 of the Companies Act 2014 sets out with the legal requirements surrounding the establishment of, and change, of financial year-end (“FYE”) date of a company. Read more
Have you ever thought of being a Company Secretary?
22 September 2020
So how many students think about a career as a company secretary or as a governance professional? Probably not many because our profession is one of those hidden gems (or we think so anyway!). Read more
How well is your Board positioned on Cyber Resilience: personally and as a board?
15 September 2020
The Irish Computer Society is currently conducting a survey of Board Members of Irish organisations to assess how well equipped Boards are in this increasingly important area. Read more
The Companies (Miscellaneous Provisions) (COVID-19) Bill 2020
18 August 2020
This recently passed Bill gives companies in Ireland greater flexibility with regard to convening and holding general meetings amongst other temporary provisions. Read more
Beneficial ownership of trusts: ambiguity remains
01 July 2020
While the requirement to make filings to the Register of Beneficial Ownership has been reasonably well established since November 2019, the position regarding the beneficial ownership of trusts is not as clear. Read more
Registrar extends date to 31 October for filing of annual returns
18 June 2020
The Companies Registration Office has advised that the Annual Return filing extension announced in March 2020 has been extended to 31 October 2020. Read more
Annual General Meetings in 2020 - listening to the voice of the shareholder
14 May 2020
Some observations on how AGMs are being managed in Ireland in 2020. Read more
Company secretaries continuing to raise standards in Irish boardrooms
31 March 2020
The above article which was published in the Sunday Business Post on 29th March 2020. Read more
Submission to CRO - regarding the temporary acceptance of electronic copies of signed documentation (re Covid-19)
18 March 2020
Submission made to Registrar of Companies 18th March 2020. Read more
The role of the company secretary in fund management companies under CP86
02 March 2020
The Company Secretary has a key role to play in Fund Management companies under CP86 requirements. Read more
Single-Director Companies - Update
03 February 2020
The Companies Registration Office published a note recently reminding single-director companies on their signing obligations. Read more
A role on a charity board
18 December 2019
As company secretaries we have a lot to offer charity boards who are looking for board secretaries and trustees. Read more
Updating the Register of Beneficial Ownership - low levels of compliance
18 November 2019
Only 23% of the 234,510 companies that are legally obliged to register their ownership details with the Companies Registration Office by 22nd November 2019 had done so ten days before the due date. No sign of an extension to the November deadline. Read more
Why its time to make all-male company boards an extinct species
21 October 2019
We republish the recent article in the Sunday Business Post written by Melissa Scully, Chartered Governance Institute Ireland Council member and Director and Corporate Governance leader at Deloitte, Dublin. Read more
Graduates, are you looking for a rewarding career?
26 September 2019
Take the fast track to the boardroom and become a governance professional. Read more
Register of Beneficial Ownership CPD event- slides now available
10 September 2019
Matheson hosted a full house for our first CPD event of the Autumn season. Read more
Proposed new changes to the Companies Act 2014
18 July 2019
The General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018 which was published in December 2018 has proposed some changes to the 2014 Act. Read more
Central Bank proposals on the Senior Executive Accountability Regime (“SEAR”)
20 June 2019
We’ve seen press coverage this week on the new Central Bank proposals on accountability and responsibility. Read more
How effective is the board evaluation process in listed companies?
04 June 2019
Regular board evaluation is a key cornerstone of any effective board. Consultation process now underway. Read more
The role of the Company Secretary - ICSA Company Secretary's checklists: Ireland
07 May 2019
Ever wondered what was covered in the role and responsibilities of the Company Secretary role?. Read more
5 Important Corporate Governance Considerations ahead of Brexit
10 April 2019
We are pleased to publish a blog edited from an article in this month's G&C magazine from Elaine Hughes of LK Shields, Solicitors on important considerations ahead of Brexit. Read more
Update On The Beneficial Ownership Register
28 March 2019
The Department have just published the long awaited European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 (the "2019 Regulations"). Read more
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The AGM checklist
05 March 2019
Are you ready for your forthcoming Annual General Meeting (“AGM”)?. Read more
Will you be in breach of the Companies Act if Britain crashes out of the EU on 29th March without a deal?
05 February 2019
The Irish Companies Act 2014 stipulates that ‘at least, one of the directors for the time being of a company shall be a person who is resident in an EEA state’. Read more
President's New Year Message
10 January 2019
Institute President Salvador Nash has published a new year message as we look forward to a busy 2019. Read more
Disclosure of non financial and diversity information
19 December 2018
In the latest edition of Agenda, our bi-monthly regulatory update, we publish an article relevant for large companies preparing to disclose non-financial and diversity information. Read more
Improving the quality of the board pack in not for profit organisations
26 November 2018
The Carmichael Centre in Dublin have just published a report that the Institute had input into, on how to improve the quality of Board packs with respect to not for profit organisations. Read more
