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The Government announced (7 March 2023) temporary changes to the Benefit In Kind (BIK) calculations for company vehicles. This second round of changes to the BIK rules for company vehicles in 2023 is a temporary measure to apply from 1 January 2023 until 31 December 2023.
Jillian O'Sullivan
| 3 min read |
From 1 January 2023, Benefit in Kind (BIK) on company cars will be calculated with reference to CO2 emissions. The changes are largely driven by the government’s Climate Action Plan 2021 to lower emissions by 2030.
Jillian O'Sullivan
Jillian O'Sullivan
| 5 min read |
In 2021, Grant Thornton published the “The Economic Cost of Cybercrime” report. It was not a question of ‘if’ an Irish business will be the victim of a cyber-attack but a question of ‘when’. Businesses needed to act, and build their internal capabilities to prepare for attacks. Trends from 2021 have continued, and in some cases accelerated, over the last year and Ireland is more vulnerable than ever to cyber-attacks.
Mike Harris
Rida Villanueva
Howard Shortt
| 1 min read |
This report details the findings of the supervisory benchmarking exercise conducted in 2022 in line with Article 78 of the Capital Requirements Directive (CRD). It also covers the regulatory and implementing technical standards (RTS and ITS) that establish the extent, methods, and categories for evaluating internal models for Credit Risk and Market Risk.
Dwayne Price
Dwayne Price
| 4 min read |
Over the last few years the ECB have published a series of guidance and best practices publications in the Climate and Environmental area. The regulatory publications and best industry practices indicate that while banks have made progress in incorporating climate risks, there is a high level of inconsistency in certain practices and also areas for improvement.
Dwayne Price
Amanda Ward
Frankie Cronin
Nuala Crimmins
Brian O'Dwyer
Daniel Fernández Domínguez
| 4 min read |

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