New Corporate Enforcement Authority Takes Its Place

The government has today announced the establishment of the much-anticipated Corporate Enforcement Authority ("CEA") which is expected to swiftly ratchet up the investigation and prosecution of corporate crime in Ireland.

The establishment of this new, independent statutory body was provided for in the Companies (Corporate Enforcement Authority) Act 2021 (the "CEA Act") which was signed into law by the President on 22 December 2021 and has been awaiting commencement by Ministerial Order. Links to our previous articles on the CEA and the changes being introduced by the CEA Act can be found here and here. We have also been tracking the progress of the CEA Act in the Matheson Horizon Tracker which can be accessed here.