Question 1

What does the Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024 do?

Accepted Answer

Permits companies to hold virtual or hybrid general meetings using electronic communications technology, provided their constitution allows it, with safeguards for member participation and voting. Removes audit exemption for small companies that fail to file annual returns if they have previously failed to file in the preceding 5 years; exemption lost for following 2 years. Requires electronic filing agents and registered office agents to be approved by the Registrar and, if trust or company service providers, to be authorised under anti-money laundering legislation.

Question 2

What stage is the Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024 at?

Accepted Answer

As of 18 Nov 2024, the Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024 is at Enacted. Once a bill passes every stage in both Houses of the Oireachtas and is signed by the President, it becomes law.

Question 3

Who introduced the Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024?

Accepted Answer

The Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024 was sponsored by Minister for Enterprise, Trade and Employment, and was introduced on 24 Jul 2024.

Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024

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