Ireland’s Financial Regulator publishes corporate governance consultation responses

Some responses to the Consultation Paper on Corporate Governance Requirements for credit institutions and insurance undertakings have now been published on the website of the Irish Financial Regulator. The Consultation Paper proposed a regulatory framework for corporate governance for credit institutions and insurance undertakings, setting out minimum standards to be met.

In …… continue reading >>

Irish Corporate Governance Code consultation opened

A consultation paper has been published by the Irish Stock Exchange in which it proposes the introduction of an Irish Corporate Governance Code, a draft copy of which has been published. The proposed Code supplements the existing Combined Code (being renamed the UK Corporate Governance Code) with some …… continue reading >>

Ireland to get own governance code?

The Irish Stock Exchange is considering whether there should be a stand-alone Irish corporate governance code following revelations of governance shortcomings in the market. According to a new report by accountants Grant Thornton, Ireland has seen a sharp decline in compliance with the Combined Code with just over just over one third (36%) …… continue reading >>

Tough self-questioning in Dublin

Whilst the future shape of shareholder engagement responsibility is debated in London, Brussels and across continental Europe, the debate in Dublin is a fierce as anywhere.

In what is traditionally a very close-knit investment and business community, the Irish Stock Exchange (ISE) and the Deputy Prime Minister participated in a full and frank …… continue reading >>

Inspector concludes breaches of insider trading laws were unintentional

The report of the High Court Inspector into the affairs of DCC plc, S&L Investments Limited and Lotus Green Limited was published by order of the Court this week.

The main events (previously covered in Manifest’s Agenda newsletter) preceding the initiation of this High Court Inquiry were as follows:

August 1995: DCC …… continue reading >>

Bank of Ireland EGM paves way for say-on-pay vote

The Extraordinary General Court of Bank of Ireland held today (Jan 12) approved important changes to the Bye-Laws of the company, with 99% of shareholders voting in favour. Bank of Ireland was established by Charter and thus is subject to a somewhat different regulatory structure than companies incorporated under the Companies Act.

…… continue reading >>

Second Irish company proposes say-on-pay vote

United Drug has followed the lead of DCC in proposing a vote on its remuneration report as a separate voting item at its upcoming AGM on 9 February. The notice of meeting acknowledges that there is no legal obligation on the company to put such a resolution to shareholders, so …… continue reading >>

Irish government protects mink and shareholders

The inclusion of the Green Party in the Irish coalition government has seen some interesting new features included in the new “Programme for Government” which was agreed this week after a series of last minute negotiations.

In addition to new protections for mink through the abolition of fur farming and the development of Irish pub …… continue reading >>

Get Adobe Flash playerPlugin by wpburn.com wordpress themes