ICSA Annual Conference 2017

A lively affair on another cracking day in Dublin on Tuesday the annual ICSA Ireland Conference yesterday transformed the Ballsbridge Hotel into a hive of commentary, debate, and insight.

Over the course of the day we heard cautionary tales of Corporate Governance failures in the recent past, listened to discussion surrounding the changing role of Corporate Governance professionals, and received technical updates and notice of regulatory issues facing the industry in the near future. In addition, there was a Cybersecurity Risk simulation; hosted by PwC, an entertaining and interactive presentation which was both informative and apt given the recent WannaCry attacks.

In a second breakout session, Deputy Head of Risk and Policy for CBI, Camille Blackburn, informed attendees of the cross-industry guidelines on cybersecurity issued by the Central Bank of Ireland and discussed the increased risk profiles and implications of digital disruption with the rapid and complex changes presented by innovation in the FinTech space – food for thought for organisations who haven’t invested in IT security at a strategic level.

A topic never too far from our minds, EU passporting rights were once again raised for consideration – begging the question of whether there’ll be an alternative arrangement implemented post-Brexit to mimic the current situation on a permanent or interim basis– the expectation being an increase in applications for authorisation in Ireland to the Central Bank.

Also in attendance, representatives from the CRO reiterated the importance of mandatory e-filing from 1st June of Annual Returns, Financial Statements, and Change of Directors/Secretaries – expanding on the existing Registration of Charges and external company equivalents.

The quality of information shared over the course of the day speaks volumes for the Corporate Governance sector – this is an area of huge opportunity and ever-increasing visibility– there is, however, a considerable shortage so if you know someone contemplating the legal field, they’d be well advised to give Company Secretarial a second look!

For existing Company Secretaries coming from a Funds or Legal practice who fancy a change of scenery, we at Quest Recruitment have a multitude of Clients offering varying levels, profiles and career progression opportunities as well as generous remuneration in addition to Legal Counsel roles for those looking to move from private practice.

Want to know what’s out there? You can reach me at 01-6760505 or via email at kward@questrecruitment.ie and I’m happy to have a chat outside of office hours!

Kieron Ward NRF Cert RP

Senior Recruitment Consultant, Quest Recruitment

Some useful resources:

https://www.cro.ie/

https://www.centralbank.ie/regulation