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Oct 7, 2024 | 
lexology.com | Anne O’Neill
The EU’s Regulation on deforestation-free products (the Regulation, (EU) 2023/1115) was published in the Official Journal of the EU on 9 June 2023. It was originally on course to apply across the EU from 30 December 2024, with micro and small entities (per the EU Accounting Directive) having until 30 June 2025 to comply.
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Sep 25, 2024 | 
lexology.com | Jill Shaw |Anne O’Neill
ESG & SUSTAINABILITYIreland's Sustainability Reporting Regulations10 MIN READIreland's European Union (Corporate Sustainability Reporting) Regulations 2024 (the Regulations) came into force on 6 July 2024. The Regulations transpose the Corporate Sustainability Reporting Directive (CSRD) into Irish law. In this briefing, we set out the types of entities that will fall within scope of the sustainability reporting obligations introduced by the Regulations and when these obligations will apply.
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Sep 24, 2024 | 
lexology.com | Anne O’Neill |Paul White |Michelle McLoughlin |Charlie Carroll |Jennie Quirke |Isabella Spencer-Higgins
The UK’s Financial Conduct Authority (FCA) has overhauled the Listing Rules (the UKLR) to better align with international market standards and to improve the global competitiveness of the UK market. The new UKLR, which apply since 29 July 2024, represent a relaxation of the previous regime and a move to a more disclosure-based regime.
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Sep 17, 2024 | 
lexology.com | Michelle McLoughlin |Anne O’Neill
Euronext Dublin is expected to publish the first Irish Corporate Governance Code (the Irish Code) in the next few weeks. It is expected that the Irish Code will apply to financial years commencing on or after 1 January 2025. Companies that have a primary listing on Euronext Dublin will be subject to the Irish Code. However, if a company is dual-listed in both Ireland and the UK, it will have the option to either follow the Irish Code or the UK Corporate Governance Code (the UK Code).
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Sep 10, 2024 | 
lexology.com | Michelle McLoughlin |Anne O’Neill
An overhaul of the ‘Business Name’ regime in Ireland is being proposed in the General Scheme of the Registration of Limited Partnerships and Business Names Bill 2024 (the General Scheme). This follows a consultation process.
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Sep 3, 2024 | 
lexology.com | Michelle McLoughlin |Anne O’Neill
Ireland's Screening of Third Country Transactions Act 2023 (the Act) was signed into law by the President of Ireland on 31 October 2023. The Act requires commencement by Ministerial Order which initially was expected to occur during Q3, 2024. The Department of Enterprise, Trade and Employment (the Department) has indicated that the Act is now expected to commence in the latter part of Q4, 2024. For a reminder of the key provisions of the Act, please refer to our previous publication.
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Sep 3, 2024 | 
lexology.com | Michelle McLoughlin |Anne O’Neill
The Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024 (the Bill) was published on the Oireachtas website in late July and is expected to undergo the legislative procedure this autumn with a view to being commenced before the end of 2024. The Bill is substantially in line with the general scheme for the Bill (General Scheme) that was published back in March 2024 – see our publication for our commentary on the General Scheme.
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Jul 30, 2024 | 
lexology.com | Anne O’Neill |Jill Shaw
The EU’s proposed new regulation banning products made with forced labour from the EU single market (the Regulation) will be finalised in the coming months and likely apply across the EU from Q4 2027. This landmark law was proposed by the European Commission (the Commission) on 14 September 2022 and political agreement between the Council of the EU (the Council) and the European Parliament (the Parliament) was announced on 5 March 2024.
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Jul 9, 2024 | 
lexology.com | Anne O’Neill
Last week was quite a momentous one in the world of corporate sustainability legislation. Ireland introduced legislation to implement the Corporate Sustainability Reporting Directive (CSRD) into national law and the Corporate Sustainability Due Diligence Directive (CSDDD) was published in the Official Journal of the EU.
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Jun 25, 2024 | 
lexology.com | Michelle McLoughlin |Anne O’Neill
The Employment (Collective Redundancies and Miscellaneous Provisions) and Companies (Amendment) Act 2024 (the 2024 Act) was signed into law on 9 May 2024 and it will commence on 1 July 2024.
