How to integrate social risk into ESG under new EBA Guidelines.
Central Bank of Ireland 2026 priorities on resilience, AI, fraud and consumer protection.
Grant Thornton Ireland appoints 12 new partners across audit, tax and advisory.
During 2022, the Revenue Commissioners launched a share-based remuneration project. Revenue analysed employer annual share reporting forms (e.g. Form RSS1) against available data such as personal tax returns. They identified discrepancies such as employees under-declaring share option tax and underpaying Capital Gains Tax (CGT).
Findings from the CBI’s thematic assessment across a sample of MiFID firms, considering the approach taken by Boards and Senior Management, to foster and embed an effective conduct-focused culture.
According to the latest data from the International Business Report (IBR), Grant Thornton’s global survey of mid-market companies, business leaders are cautious about their future investment intentions.
DORA will have a significant effect on enhancing the operational resilience of digital systems. By soliciting public input through this consultation process, the European Supervisory Authorities aim to ensure that the resulting technical standards align with industry best practices promote digital resilience and facilitate a robust and secure digital environment across the EU.
Complaints and Remediation in Financial Services
Over the last few years of market shocks and geopolitical tensions, mid-market businesses have grown accustomed to bracing and planning for the unexpected.
The world around us is changing – changing at a pace that appears to be exponential at the very least. The inception of advanced AI learning systems such as Open AI’s ‘ChatGPT’ has allowed the technology to take centre stage on the world podium, and not entirely for the right reasons.
The European Commission has been revising the Securing Activity Framework of Enablers (SAFE) Directive, with intentions to implement the Directive in due course. The proposed policy carries a number of implications for tax intermediaries, which the Commission refers to as “enablers”.
The European Financial Reporting Advisory Group (“EFRAG”) submitted to the European Commission its technical advice on the first set (“set 1”) of draft European Sustainability Reporting Standards (“ESRSs”) on the 22 November 2022. This included 2 “cross cutting” ESRSs (General Requirements and General Disclosures) and 10 “topical” standards across Environmental, Social and Governance topics.
In August 2022, the Irish Government approved the Climate Action Framework (“the Framework”) for the commercial semi-State sector. Developed by the New Economy and Recovery Authority (NewERA) in collaboration with the Department of Public Expenditure and Reform and the Department of Environment, Climate and Communications, the Framework applies to all commercial semi-State (CSS) companies.
Working with clients to collaboratively set the future direction for their business and solve their most challenging problems.
The Revenue Commissioners (“Revenue”) first introduced the Special Assignee Relief Programme (SARP) in 2012 as a method for encouraging companies to relocate or assign their key employees to work in Ireland. Where certain conditions are satisfied, 30 percent of taxable employment income over €100,000 is disregarded for income tax purposes. This programme can result in significant tax savings for key employees.