Euronext Dublin is consulting on the proposed introduction of an
Irish Corporate Governance Code.
At present, the UK Corporate Goverance Code (UK
Code) applies to companies with a primary equity listing
on Euronext Dublin, supplemented by the Irish Corporate Governance
Annex.
The draft Irish Code is based on the UK Code and retains the
“comply or explain” approach but proposes to cater for
the specifics of the Irish market and legal environment including
the broader EU regulatory regime.
It is proposed that companies with a primary listing on Euronext
Dublin will be subject to the Irish Code, which is to be applied to
issuers under the Euronext Dublin Listing Rules. Where a company is
dual-listed in both Ireland and the UK, it will have the option to
either apply the Irish Code or the UK Code.
