IRELAND: Ireland fails to implement three EU directives

Ireland has failed to implement three EU directives, prompting the European Commission to issue it with a letter of formal notice.

It has not implemented on the VAT fraud directive, the Emissions Trading System Directive nor the Common Charger Directive.

There are 26 member states which have not yet notified full transposition measures for 11 EU directives in the fields of justice, internal market and SMEs, taxation and customs, health, climate, home affairs, and financial services.

Member states concerned now have two months to reply to the letters of formal notice and complete their transposition, or the Commission may decide to issue an opinion.

4 April 2025

EU: EU Proposes SME Sustainable Finance Standard to Boost ESG Funding Access

The EU Platform on Sustainable Finance (PSF) has unveiled a new proposal to accelerate small and medium-sized enterprises’ (SMEs) transition toward sustainable practices. The proposed “SME sustainable

Read More
1 November 2024

NEW ZEALAND: CA ANZ pushes for quick passage of AML/CTF amendments

The legislation for the anti-money laundering and counter-terrorism financing amendments must be finalised as soon as possible to ensure sufficient time for implementation, CA ANZ has told the government.

Read More
21 February 2025

EU: EU Keeps Panama And Ten Other Countries On Its List Of Tax Havens

The European Union countries approved on Tuesday to keep Panama, Russia and nine other jurisdictions on their blacklist of tax havens after finding that they continue not to cooperate in this matter

Read More
3 June 2024

EU: Indirect exporters to Europe urged to comply with EU carbon rules

EVEN COMPANIES that do not export to Europe will need to comply with the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM), the Philippine Exporters Confederation, Inc. (Philexport)

Read More