It is a great honour to be appointed President of ICSA's
Irish Region and I hope I can continue the excellent work of Past
As I stated at our annual lunch in November, I am keen that we
increase both the profile of the company secretary and grow the
number of qualified and affiliate company secretaries in
Ireland. This goal will be achieved through ICSA: The
Governance Institute's partnership with professional bodies
such as the Law Society and the Institute of Bankers.
The Companies Act 2014, which has been in force for just over a
year and a half, as well as legislation originating from the EU
coupled with evolving and ever more stringent corporate governance
requirements, has resulted in a real need for more ICSA qualified
company secretaries to:
promote and ensure good corporate governance;
advise on best practice from board protocols to minute
educate and advise on the new legislation.
The prevailing view of professionals working in the company
secretarial area was that 2016 was one of the busiest on record.
2017 is shaping up to be as busy with the introduction of new
regulatory and filing requirements.
We are anticipating the transposition of the Companies
(Accounting) Bill and further guidance in respect of the new
Beneficial Ownership Register requirements. In addition, the
Companies Registration Office will be introducing mandatory
e-filing of certain statutory forms from 1 June 2017.
Brexit is rarely far from the news and it remains to be seen
what impact this will have on the Irish corporate landscape.
Throughout 2017 we will be holding CPD events and blogging on
issues relevant to company secretaries. In addition our
Agenda publication will continue to be issued every two months.
I would encourage you to attend our Annual Conference on 23 May
and get the Annual Lunch date of 24 November into your
diaries. All events are listed in the Networking and Events
section of our website www.icsa.org.uk/ireland
Finally, I would like to wish all of you a successful and
President Irish Region
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An assignment of rights under a contract is normally restricted to the benefit of the contract. Where a party wishes to transfer both the benefit and burden of the contract this generally needs to be done by way of a novation.
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