S.I. No. 44/2015 - Transparency (Directive 2004/109/EC) (Amendment) Regulations 2015.
Notice of the making of this Statutory Instrument was published in | ||
“Iris Oifigiúil” of 10th February, 2015. | ||
I, RICHARD BRUTON, Minister for Jobs, Enterprise and Innovation, in exercise of the powers conferred on me by section 3 of the European Communities Act 1972 (No. 27 of 1972), and for the purpose of giving further effect to Directive 2004/109/EC of the European Parliament and of the Council of 15 December 20041 (as amended by Directive 2010/78/EU of the European Parliament and of the Council 24 November 20102 ), and to Regulation (EU) No 1095/2010 of the European Parliament and of the Council of 24 November 20103 hereby make the following regulations: | ||
1. (1) These Regulations may be cited as the Transparency (Directive 2004/109/EC) (Amendment) Regulations 2015. | ||
(2) These Regulations come into operation on 9 February 2015. | ||
2. The Transparency (Directive 2004/109/EC) Regulations 2007 ( S.I. No. 277 of 2007 ) are amended— | ||
(a) in Regulation 8(4)(a), by the substitution of “Financial Reporting Council” for “Auditing Practices Board”, | ||
(b) in Regulation 8(4)(b), by the substitution of “Financial Reporting Council” for “Auditing Practices Board”, | ||
(c) in Regulation 8(5)(d)(ii), by the substitution of “Financial Reporting Council” for “Accounting Standards Board”, and | ||
(d) in Regulation 43, by the insertion of the following paragraph after paragraph (2): | ||
“(3) IAASA may make public in such manner as IAASA considers appropriate, details of— | ||
(a) a requirement under paragraph (1)(a), | ||
(b) an administrative measure taken as a result of an examination of information by IAASA under Regulation 42(2) for the purpose of considering whether such information is in accordance with the relevant reporting framework, | ||
(c) an action taken by an issuer or director in response to an administrative measure taken as a result of an examination of information by IAASA under Regulation 42(2) for the purpose of considering whether such information is in accordance with the relevant reporting framework, | ||
(d) a notice given under Regulation 44, | ||
(e) a direction given under Regulation 45, | ||
(f) a written explanation provided in accordance with Regulation 44, or | ||
(g) revised information prepared in accordance with Regulation 44 or 45.”. | ||
| ||
GIVEN under my Official Seal, | ||
4 February 2015. | ||
RICHARD BRUTON, | ||
Minister for Jobs, Enterprise and Innovation. | ||
EXPLANATORY NOTE | ||
(This note is not part of the Instrument and does not purport to be a legal interpretation) | ||
These regulations give further effect to Directive 2004/109/EC of the European Parliament and of the Council of 15 December 2004 (as amended by Directive 2010/78/EU of the European Parliament and of the Council 24 November 2010), and to Regulation (EU) No 1095/2010 of the European Parliament and of the Council of 24 November 2010. The regulations make certain amendments to the Transparency (Directive 2004/109/EC) Regulations 2007 ( S.I. No. 277 of 2007 ). | ||
1 O.J. No. L 390, 31.12.2004, p. 38 |
