Kate Harnett, A&L Goodbody senior associate, told the solicitors’ firm’s summit that Irish businesses are trying hard to comply with the sanctions.
Opaque corporate structures, trusts, share transfers and other transactions can all pose problems for businesses seeking to comply with the law, Ms Harnett pointed out. She acknowledged these may not seem harsh but pointed out that the “sting in the tail” for businesses would be the bad publicity and the damage that a court case would do to their reputations.
Michael O’Kane, partner with London firm, Peters & Peters, argued “you have to ask yourself, if the gardaí came and investigated, have I done everything that the gardaí would do, and a bit more?”.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: IrishTimes - 🏆 3. / 98 Read more »