Niall Collins (Limerick County, Fianna Fail)
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56. To ask the Minister for Jobs, Enterprise and Innovation the status of the review being carried out by the Company Law Review Group into the way in which company law is enforced here; the status of recommendations by the subcommittee on corporate governance preparing for legislative change intended to further refine the corporate governance provisions of the Companies Act 2014. [48622/17]

Frances Fitzgerald (Dublin Mid West, Fine Gael)
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The Company Law Review Group (CLRG) operates on a two-year work programme which is determined by the Minister, in consultation with the CLRG under Section 961 of the Companies Act 2014.  The current CLRG Work Programme is for the period 1 June 2016 – 31 May 2018 and is available on .  

Item 1 on the CLRG Work Programme requests that the CLRG examine and make recommendations on whether it will be necessary or desirable to amend company law in line with recent case law and submissions received regarding the operation of the Companies Act 2014.  The CLRG Corporate Governance subcommittee has examined the functioning of Part 4 of the Companies Act 2014 as well as submissions from interested parties regarding perceived anomalies and further proposals for amendment of the Act.  The subcommittee has prepared a draft report which it intends to table for consideration and potential adoption at the CLRG Plenary meeting on 30 November 2017.

Under item 3 of the CLRG Work Programme, a detailed review of the enforcement of company law is underway by the CLRG subcommittee for Compliance and Enforcement. It is intended that the subcommittee will, when the review is complete, present a report for consideration and formal adoption by the CLRG.