ICSA Ireland


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The Region's Blog

Our latest thoughts and comments.

 

Central Bank proposals on the Senior Executive Accountability Regime (“SEAR”)

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?

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

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.

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

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

The AGM checklist

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?

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

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

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

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

Charities Update - October 2018

Charities Update - October 2018

23 October 2018

An update on developments at the Office of the Charities Regulator, the Code of Governance for Charities and Charities Statement of Recommended Practice. Read more

Next Generation Governance Report

Next Generation Governance Report

11 October 2018

On 27 September, ICSA published a new research report called ‘Next Generation Governance’ which gives some fascinating insights into the differences – and similarities – in how different generations of governance professionals think about their role. Read more

IAASA Annual Observations document

IAASA Annual Observations document

24 September 2018

The Irish Auditing and Accounting Supervisory Authority (IAASA) has recently published its annual 'Observations' document. Read more

Filing the Annual Return (B1)

Filing the Annual Return (B1)

29 August 2018

With the annual return filing season now upon us, we highlight some important points to remember. Read more

Have you ever thought of becoming a Company Secretary ?

Have you ever thought of becoming a Company Secretary ?

16 August 2018

This week saw the publication of the Leaving Certificate results. But how many students will be thinking of a career as a company secretary? Here we republish a careers blog that we issued a few years back as its ever more relevant today with demand for company secretaries and governance professionals far outstripping supply. Read more

Rectification of the Register of Members

Rectification of the Register of Members

25 July 2018

A note on updating the Register of Members in the context of the Companies Act 2014 and a recent court case. Read more

Companies Registration Office Report 2017

Companies Registration Office Report 2017

05 July 2018

The Companies Registration Office report for 2017 has just been published. Read more

Dómhnal Slattery: ‘I have seen the good, the bad and the ugly of boards’

Dómhnal Slattery: ‘I have seen the good, the bad and the ugly of boards’

30 April 2018

The keynote speaker at this year’s ICSA Ireland Conference and CEO of Avolon discusses what makes an effective board, how quality non-executives should be active but not invasive, and how to get corporate culture right. Read more

ICSA responds to FRC consultation on Combined Code

ICSA responds to FRC consultation on Combined Code

21 March 2018

ICSA: The Governance Institute has responded to the proposed changes to the Combined Code. Read more

Slides now available from CPD event on Audit Committees

Slides now available from CPD event on Audit Committees

08 March 2018

We held our second CPD event of the year on Audit Committees on Tuesday 6th March in KPMG Dublin. For more details please read on..... Read more

CPD Event on Board Effectiveness and Culture- slides now available

CPD Event on Board Effectiveness and Culture- slides now available

22 February 2018

The slides from our very first CPD event of the year held in Deloitte on Tuesday 6th February are now available. Read more about the event below:. Read more

Commencement of Section 80 of Companies (Accounting) Act 2017

Commencement of Section 80 of Companies (Accounting) Act 2017

16 February 2018

The Minister for Business, Enterprise and Innovation, Ms Heather Humphreys, T.D., in exercise of the powers conferred on her by section 1(2) of the Companies (Accounting) Act 2017 (No. 9 of 2017) has made the order appointing 09 June 2018 as the day on which section 80 of the Companies (Accounting) Act 2017 (No. 9 of 2017) comes into operation. Read more

Charity Code of Governance

Charity Code of Governance

18 December 2017

At a time when there is greater focus on the charities sector in Ireland, we asked Louise Thomson FCIS, Head of Policy (Not for Profit) at ICSA:The Governance Institute to share her thoughts with us following her membership of a discussion panel at the recent Charities Institute Ireland Conference held in Dublin. Read more

Measures to enhance Ireland's corporate, economic and regulatory framework

Measures to enhance Ireland's corporate, economic and regulatory framework

10 November 2017

The recent publication by the Government of the above framework to tackle white collar crime has created much debate and discussion in the past week. Read more

Helen Dixon speaks to Chartered Secretaries in Dublin on the General Data Protection Regulation

Helen Dixon speaks to Chartered Secretaries in Dublin on the General Data Protection Regulation

20 October 2017

Speaking today at an event organised by the Irish Region of ICSA: The Governance Institute, at the offices of William Fry in Dublin, Helen Dixon, FCIS, Data Protection Commissioner said that a key challenge for company secretaries and others involved in managing personal data will be recognising whether their role comprises being a ‘data controller’. Read more

Insights into the career of a Company Secretary

Insights into the career of a Company Secretary

09 May 2017

Robert Walters recently hosted ICSA Ireland’s Student & Careers Evening. With insights into the diverse role of the company secretary from members in practice and those working in-house, a presentation on networking skills and career advice on how to navigate the recruitment process from the CV to the interview, the evening was a huge success. Read more

Company Law & Regulatory Committee

Company Law & Regulatory Committee

14 December 2016

The inaugural meeting of the Company Law & Regulatory Committee has been held and the Terms of Reference can be downloaded here. If members have issues that could be considered by the Committee, please email them to scolfer@bdo.ie. Read more

Consultation on a Review of the Industrial & Provident Societies Acts 1893 to 2014

Consultation on a Review of the Industrial & Provident Societies Acts 1893 to 2014

12 December 2016

The Department of Jobs, Enterprise & Innovation has launched a consultation on a review of the Industrial & Provident Societies Acts 1893 to 2014 and a link to that consultation is below. https://www.djei.ie/en/Consultations/Public-Consultation-Industrial-and-Provident-Societies-Acts-1893-2014.html# The Company Law & Regulatory Committee is available to assist any members who would like to raise issues on any aspect of. Read more

Companies Act 2014: End of Transition Period

Companies Act 2014: End of Transition Period

18 November 2016

The transition period for re-registering existing private companies to a LTD or a DAC expires on Wednesday 30 November 2016. The failure by the directors of a company to take steps to re-register is a breach of their statutory duty, notwithstanding the fact that if no action is taken, a company will automatically convert to a LTD. Read more

The art of taking minutes

The art of taking minutes

04 November 2016

Writing minutes can be a daunting, deceptively difficult and time-consuming task, yet people often find themselves called upon to take minutes, with little training or guidance to support them. Given their importance as the definitive record of an organisation’s highest decision-making body – the board –, it is important to get them right. ICSA has…. Read more

We want to hear from you

We want to hear from you

21 September 2016

Salvador Nash represents the Institute on the Company Law Review Group, the statutory advisory expert body charged with advising the Minister for Jobs, Enterprise and Innovation on the review and development of company law in Ireland. Read more

Corporate culture and the role of boards

Corporate culture and the role of boards

09 September 2016

There needs to be a concerted effort to improve trust in the motivations and integrity of business,’ says Chairman of the UK’s Financial Reporting Council (FRC) Sir Winfried Bischoff in his foreword to the FRC’s report looking at corporate culture and the role of boards. Read more

Company Secretary and the Audit Process

Company Secretary and the Audit Process

08 August 2016

While much is written about the value company secretaries offer to board and management, there is less awareness of the multiple ways in which they can specifically support the work of financial directors and auditors. Read more

Dynamic initiative to boost governance in the charity sector

Dynamic initiative to boost governance in the charity sector

08 July 2016

Governance and compliance are sometimes seen as being solely concerned with big business, so much so that when we think of the necessity for proper management and regulation, or the consequences of a failure to implement such. Read more

New Market Abuse Regime

New Market Abuse Regime

29 June 2016

On 3 July 2016, the existing Irish laws and regulations governing “market abuse” (consisting of insider dealing, market manipulation and the unlawful disclosure of inside information) will be replaced with a new regime. Read more

Brexit – Where does Ireland stand?

Brexit – Where does Ireland stand?

02 June 2016

With Britain’s referendum on EU membership less than a month away, there is no shortage of economic reports and high profile figures warning of the dire consequences that could follow a vote to leave. Read more

The biggest event for governance professionals in Ireland

The biggest event for governance professionals in Ireland

10 May 2016

The annual ICSA Ireland Conference is long established as the key opportunity of the year for companies to access all of the latest global research, expertise and emerging insights that are transforming the areas of corporate governance and compliance and reshaping the work of the company secretary. In the midst of a period of significant…. Read more

Data Protection - A Matter of Trust

Data Protection - A Matter of Trust

12 April 2016

“The digital future of Europe,” Andrus Ansip, Vice President for the Digital Single Market noted in December 2015, “can only be built on trust.” His comments crowned four years of intense negotiation, the result of which is the General Data Protection Regulation (GDPR), expected to be formally adopted by the European Parliament and Council in... Read more

Conversion under Companies Act 2014 – Have you converted yet?

Conversion under Companies Act 2014 – Have you converted yet?

07 April 2016

One of the main innovations of the Companies Act 2014 (“the Act”) was the introduction of changes to a number of existing company types. Chief amongst these changes was the introduction of two new Company types the “Limited” (LTD) and the “Designated Activity Company” (DAC). All existing companies currently registered as a private company limited…. Read more

2016 a significant year for Irish companies

2016 a significant year for Irish companies

02 February 2016

From a corporate governance and compliance standpoint, 2016 will be a significant year for Irish companies. With the economy growing strongly and records for 2015 showing the highest level of new company registrations since the onset of the recession, there is plenty of reason for optimism across the corporate landscape. Yet the legal and regulatory…. Read more

Clarity around charity

Clarity around charity

07 January 2016

The Christmas break gave me a chance to have another look at an aspect of the Companies Act 2014 that I find intriguing as I’m finding it hard to understand the thinking behind it. The Act provides that a Designated Activity Company (DAC) and a Company Limited by Guarantee (CLG) can be exempt from the…. Read more

A mystery solved

A mystery solved

24 November 2015

What does a chartered secretary do? A dentist ‘does’ teeth. A doctor ‘does’ medicine. An architect ‘does’ houses. But what does a chartered secretary do? If only I had a cent for every time I have been asked that question, I would be very well off by now! And what answer do I normally give? I say ‘it’s complicated’. Read more

ICSA Graduation Day

ICSA Graduation Day

19 November 2015

Back in the day it was said that praise from Caesar was praise indeed. The origin of the phrase goes back to the times when Caesar ruled most of the known world and therefore to be complimented by him was one the greatest honours possible. We might not have any latter day Caesars at ICSA,…. Read more

Audit Exemptions

Audit Exemptions

21 October 2015

Smaller companies may have rejoiced when they saw that according to the new Companies Act 2014 they might be able to save the cost of an annual audit, subject to meeting certain (not too onerous) conditions. However saving an audit fee might cost a company far more in the longer term. Read more

Company secretaries – Why we are more relevant now than ever

Company secretaries – Why we are more relevant now than ever

30 September 2015

When it comes to the really big corporate scandals, sometimes one could be forgiven for asking the really obvious question…just what were they thinking? Case in point here is the latest scandal at VW, where management made decisions (on car emissions data) that would ultimately have a catastrophic impact on the organisation as a whole. And why?. Read more

Some lesser spotted details in Companies Act 2014

Some lesser spotted details in Companies Act 2014

09 September 2015

Much has been written about and commented upon both on this website and at the ICSA conference about the profound changes brought on by the new Companies Act 2014 (the Act). Once the dust has settled, I’m sure that members will agree that if not perfect (can it ever be?) the new Act is definitely…. Read more

Could you convince someone to become a company secretary?

Could you convince someone to become a company secretary?

20 August 2015

Last Wednesday, August 12th, was the day the Leaving Cert results came out. But how many students will be thinking of a career as a company secretary? Probably not many because our profession is one of those hidden gems (or we think so anyway!) that far more people would take up if only they know…. Read more

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