0:00:05.120,0:00:08.810
The main and most pressing development[br]in corporate governance in Ireland is

0:00:08.900,0:00:13.010
the upcoming requirement of the Company's[br]Registration Office, or the CRO, that

0:00:13.110,0:00:16.690
certain forms which currently can be[br]filed either electronically through the

0:00:16.810,0:00:22.420
CRO's core software platform or by hard[br]copy may only be filed electronically.

0:00:22.510,0:00:27.779
This will come into effect on the 1st of[br]March 2022 and will cover forms such as

0:00:27.909,0:00:32.160
the Appointment of Liquidators Receivers[br]but also and more commonly for companies

0:00:32.270,0:00:35.659
those forms which are filed[br]when passing either special

0:00:35.769,0:00:37.820
or ordinary resolutions of the members.

0:00:37.920,0:00:42.659
So any companies who are likely to need[br]to file those forms before 1st of March

0:00:42.779,0:00:46.269
who would prefer to file them by hard[br]copy should do so before that date.

0:00:46.359,0:00:49.709
The second development[br]will be brought in by

0:00:49.785,0:00:53.589
the Company's Corporate[br]Enforcement Agency Act 2021,

0:00:53.689,0:00:57.744
which while it has been signed[br]into law is not yet commenced.

0:00:57.844,0:01:01.777
And that development is that when[br]companies file certain forms such as

0:01:01.927,0:01:05.463
incorporation forms for companies,[br]annual returns which every company

0:01:05.573,0:01:10.227
must file yearly or forms for[br]changing directors or changing

0:01:10.357,0:01:15.425
directors particulars must be accompanied[br]by the director's PPS number which is the

0:01:15.555,0:01:20.112
local Irish tax number or the equivalent[br]tax number where the director in question

0:01:20.222,0:01:23.230
is not an Irish resident or[br]otherwise do not have a PPS number.