Speakers:

Lorcan Colclough, Partner Audit and Assurance, Mazars
Brian Kearns, Director Corporate Secretarial Services, Mazars
Kevin Prendergast, Head of Enforcement, Office of the Director of Corporate Enforcement

The product of over a decades work by the Company Law Review Group and the largest piece of legislation in the history of the State, the Companies Act, 2014 aims to consolidate, simplify and reform Irish company law and provide us with a legislative framework which is fit for purpose in the 21st century business environment. This new Act will impact every company now in existence in Ireland and will raise immediate concerns for directors of private limited companies in particular. The Act imposes significant new legal duties and obligations on directors of Irish companies along with new categories of offences as well as increased penalties for non-compliance. This event aims to provide an overview of the principle changes in Irish company law as a result of this new legislation. In particular this will:

•         Introduce new company types;
•         Outline the re-registration procedures;
•         Discuss new financial reporting aspects;
•         Consider directors fiduciary duties, now codified in the new legislation;
•         Detail the new compliance regime; and
•         Identify the new penalties for non – compliance.