In this second interview in our new governance webcast series, Ian Drennan discusses with Níall Fitzgerald, key corporate governance issues affecting compliance with company law, the role of corporate enforcement and key developments in this area and the implications for company directors.
Ian Drennan discusses a range of issues including:
- how the Office of the Director Corporate Enforcement (soon to become the Corporate Enforcement Authority), performs its role in collaboration with other regulators and law enforcement agencies, such as the Charities Regulator, the Central Bank of Ireland and An Garda Síochána;
- the main sources of information for the ODCE and the common types of offences that it investigates;
- the role of statutory auditors in reporting indictable offences under the Companies Act 2014;
- individual and collective responsibility of directors, including the accountability of directors for offences committed by a company;
- corporate governance reform and what this means for the future of corporate enforcement in Ireland; and
- the unique role accountants in business and practice play in ensuring good governance.
The interview with Ian Drennan is available to view on the Chartered Accountants Ireland YouTube channel: Governance Webcast Series – Interview with Ian Drennan.
Ian Drennan FCCA is the Director of Corporate Enforcement at the Office of the Director of Corporate Enforcement in Ireland.
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