Companies Office will require PPS numbers from directors

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 98%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

New company law requirement designed to address issues with different forms of directors’ names or addresses

The Minister of State for Trade Promotion, Digital and Company Regulation added: “The provision of a PPS number will help to avoid duplication in situations where there may be variations of a director’s name and address. It will enhance CRO efforts to guard against abuse of the register by providing assurance that the information provided relates to a real person.”

He said the new rule would “safeguard the integrity” of the register of more than 287,000 companies, and make it easier for authorities to ensure compliance with company law, including the provision that no director should hold more than 25 board positions at any one time. Any directors who does not have a PPS number can apply to Companies Office for an “identified person number” which can be used as an alternative.

The Department of Enterprise, Trade and Employment said the numbers would be stored securely in encrypted form and would not be accessible to Companies Office staff or outsiders.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Ministers engaging with toll companies over M50 price hike and charges on other roadsSocial Protection Minister Heather Humphreys has said her ministerial colleagues Eamon Ryan and Jack Chambers are engaging with the toll companies on the planned price increases
La source: thejournal_ie - 🏆 32. / 50 Lire la suite »