Resources & Policy


EU’s Fourth Anti-Money Laundering Directive

Article 30(1) of the EU’s Fourth Anti-Money Laundering Directive (4AMLD) requires all EU Member States to put into national law provisions requiring corporate and legal entities to obtain and hold adequate, accurate and current information on their beneficial owner(s) in their own internal beneficial ownership register. 

Companies Accounting Act 2017 Commencement Order

On 8th February 2018, the Minister for Business, Enterprise and Innovation signed into law the Companies (Accounting) Act 2017 (Commencement) Order 2018.

This order appoints 9th June 2018 as the day on which section 80 of the Companies (Accounting) Act 2017 (no. 9 of 2017) comes into operation. Section 80 amends section 1300 of the Companies Act 2014 and the definition of EEA company and non-EEA company.


MiFID II (2018)

On 10 August 2017, the Minister for Finance, Paschal Donohoe TD signed the European Union (Markets in Financial Instruments) Regulation 2017 (the “MiFID II Regulations”) which have been publically available from 14 August 2017 and may be accessed here

The MiFID II Regulations give effect to the Markets in Financial Instruments Directive 2014/65/EU, Commission Delegated Directive (EU) 2017/593 and full effect to Regulation (EU) No. 600/2014 (“MiFIR”), (collectively “MIFID II”) and entered into force on 3 January 2018.

The Central Bank of Ireland has summarised the key points of MiFID II here.

Finance Act 2017

On 19 October 2017, the Irish Government published Finance Bill 2017, the initial step in legislating for the measures announced earlier that month by the Minister for Finance Paschal Donohue in the 2018 Budget.

PwC Ireland has conducted an in-depth analysis of the Act and it can be read here.


Finance Act 2016

The Finance Bill, first published on 20 October 2016, was signed by the President on 25 December 2016 and became Finance Act 2016. A number of additions and amendments were made to the Bill as it passed through the Houses of the Oireachtas. One key amendment includes an extension of limited tax relief to the travel and subsistence expenditure incurred by Irish resident non-executive directors.

PwC Ireland have conducted an in-depth ananlsyis of the Act and it can be read here.