26th March 2018 |
The Minister for Business, Enterprise and Innovation signed the Companies Act 2014 (Accounting Standards) (Prescribed Body) Regulations 2018 into law on 21 March 2018.
These Regulations provide that the Minister exercises the powers conferred on her by section 943(1)(h) of the Companies Act 2014 to prescribe the Financial Reporting Council (FRC), based in the UK, as the accounting standard setter for Ireland.
These Regulations come into operation on 28 March 2018.
Commerce, Consumer and Competition
Companies Act 2014, Company Law