March 2024
The Corporate Enforcement Authority (CEA) has welcomed the publication of proposals for the introduction of new powers and offences under the Companies Act 2014.
The General Scheme sets out Government’s proposals for significant amendments to the Companies Act 2014.Amongst the measures being proposed are the conferral of new powers of investigation on the CEA in the area of information and evidence gathering, including new surveillance powers.The General Scheme also proposes to enhance information sharing across investigative and regulatory agencies.
These measures will, if enacted as proposed, further enhance the CEA’s capacity to investigate suspected breaches of company law.
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Source: cea.gov.ie