Whilst regulations ensure corporates are operating ethically and legally, regulations in different jurisdictions are becoming increasingly more complicated and stringent, creating many challenges and additional responsibilities for business operations.
As part of any businesses’ ongoing quest for efficiency and cost savings, it is prudent to continuously assess and strengthen risk management processes and frameworks. Demonstrable compliance with regulations is needed regularly, both internally at board level as well as in fulfillment of a legal obligation, required by local and international regulators. There are numerous regulatory and compliance areas that need to be monitored and reported upon for those doing business in Ireland, London and Luxembourg. Key issues that require on-going monitoring include fraud prevention, safeguarding against costly problems and related sanctions, protecting your organisation’s regulatory reporting reputation as well as achieving optimum financial and operational performance. All of this relies upon best practice corporate governance and risk management.
Our Legal and Compliance team provide a network of safe hands to help ensure that you do not suffer financial or reputational harm as a result of non-compliance with local laws and regulations.
VAT registration and compliance
Foreign Account Tax Compliance Act (FATCA) registrations and reporting
Common Reporting Standard (CRS) registration and reporting
Financial Vehicle Corporations (FVC) and Special Purpose Vehicles (SPV) statistical reporting to the Central Bank of Ireland
Statistical reporting to the Banque Centrale du Luxembourg (BCL)
Preparation of iXBRL tagged financial statements of the company for submission with the corporation tax returns to the Irish Revenue Commissioners
Market Abuse Regulation (MAR) compliance
European Market Infrastructure Regulation (EMIR) reporting in relation to derivative transactions
Mandatory Disclosure Regime (MDR) or DAC6
Central credit register reporting
Anti-money laundering laws and regulations
Prepare and maintain a register of beneficial ownership of corporate entities
Provision of the services of a Money Laundering Reporting Officer (MLRO)
Attendance to registration with the Central Bank of Ireland in accordance with the Criminal Justice Acts 2010-2018
Assist with the compliance obligations of the Criminal Justice Acts 2010-2018