Republic of Ireland - In the line of fire
Irish corporate counsel are facing an increasing barrage of regulation from the Irish Government as they seek to join in the global backlash on corporate governance
Irish corporate counsel are having a busy year as the Government moves into overdrive on the regulatory front. The latest object of their attention is the Companies (Auditing and Accounting Bill) 2003, which is currently in review by a Dail Committee. “It is a major issue,” says Bank of Ireland head of legal Finbar Murphy. “It goes seriously beyond Higgs and Sarbanes-Oxley and is the biggest single challenge for in-house legal departments.”
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