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What the Assisted Decision Making Capacity Act 2015 Will Mean For Financial Professionals.

The European Commission has published for consultation a draft delegated regulation adjusting the size criteria applicable to undertakings and groups under the Accounting Directive.

For managers of alternative investment funds, financial reporting can be a challenging process. Ahead of the next annual filing there can be significant benefits to be gained by managers from...

The Irish Pillar Two rules apply to in-scope entities for accounting periods commencing on or after 31 December 2023. Following the GloBE Rules and the EU's Minimum Tax Directive, the rules introduce a minimum effective tax.

IAS 36 ‘Impairment of Assets' assesses when and how to conduct an impairment review. It contains complex areas of guidance and therefore is challenging to apply in practice.

Certain Financial Institutions in Ireland are obliged to file both Foreign Account Tax Compliance Act (‘FATCA') and Common Reporting Standard (‘CRS') reports by 30 June 2021 with Revenue.

One striking aspect of Irish M&A this year has been the range of industries that have seen notable deal activity, with the 20 largest transactions in the first half spread across no fewer than seven sectors of the market.

The failure of German payments provider Wirecard in June 2020 continues to have consequences.

Regulation (EU) 2023/1804 on the deployment of alternative fuels infrastructure is applicable in Ireland from 13 April 2024.

The Irish Revenue Commissioners ("Revenue") have recently updated their guidance material in respect of the operation of the section 56 authorisation regime (the "Guidance").

During June 2016, the Irish Revenue Commissioners published guidance on the secondary reporting mechanism included in Ireland's legislation implementing the OECD's recommendations on country by country ("CbC") reporting.

On 1 October 2013, ESMA published the final guidelines on the reporting obligations for alternative investment fund managers under the Alternative Investment Fund Managers Directive.

Council Directive (EU) 2018/822 is an EU directive that imposes mandatory reporting of certain cross-border arrangements by intermediaries (and in some cases taxpayers) and is likely to be relevant to most multinationals groups ...

The International Accounting Standards Board (IASB) has issued amendments to IFRS 16 which simplifies how companies account for COVID-19-related rent concessions.

While the application of Pillar Two rules to US-headquartered companies remains under negotiation (see our prior updates here and here)...

Our second law firm survey has just been completed. 101 law firms took part in the survey including 16 of the top 20 firms.

We bring you an update on the long-awaited publication of draft legislation which will considerably broaden the requirement for Irish unlimited subsidiary companies to publicly file financial statements.