New Act to deal with White-Collar Crime

The new Companies (Corporate Enforcement Authority) Act 2021 was signed into law on the 22nd of December last. The primary purpose of this Act is to establish a new independent statutory authority known as the Corporate Enforcement Authority (CEA). This new Authority will be given the responsibility for investigating and pursuing economic and white-collar crime in Ireland. In this regard, the CEA will replace the ODCE in relation to the investigation and enforcement of a corporate crime.

The Act is expected to commence sometime in January 2022.

For any other information on any company law matter please do not hesitate to contact Brendan Dillon or Conor White on 01 296 0666.