This is less than most of us anticipated at this point. So we still can’t see patterns and have little to reference when deciding on the risks we are accepting. This may have as much to do with the transformation that GDPR has driven in the regulators as mentioned further below.
On the flip side GDPR is not, as some suggested it would be, Y2k. The noise from the regulators has been consistent: they expect organisations to continue to mature and focus on demonstrating accountability. For maturing organisations, compliance now means the ability to make educated risk-based compliance decisions and to demonstrate accountability for these.
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Mazars and the Compliance Institute work together to provide unique insight into the views and expectations of financial services professionals and their preparedness for the individual accountability framework (IAF) and the senior executive accountability regime (SEAR).
On April 5, 2024, Finance Minister Michael McGrath launched a Feedback Statement (FS) on the proposed implementation of a Participation Exemption for foreign dividends within the Irish tax system. The FS invites feedback from interested parties on a “Strawman Proposal” developed for the implementation of the Participation Exemption.
In 2022, the European Securities and Markets Authority (ESMA) published its new multi-annual strategy for 2023-2028. ESMA’s 2024 Annual Work Programme is structured around the implementation of the ESMA strategy, fulfilling ESMA mandates in the legislation and building on the activities executed in 2023.
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