Lionheart Client Update:

Elevating Board Effectiveness for Registered Charities in Ireland

Effective governance is vital for registered charities in Ireland to fulfil their missions, comply with regulations, and maintain public trust. By aligning board practices with the Charities Governance Code and incorporating best governance principles, charities can significantly enhance their operational and strategic impact. Below is a consolidated guide combining key recommendations for improving board effectiveness.

Lionheart Client Update:

The Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024

The New AI Act

National Cyber Security Bill 2024

Good Governance

As corporate governance professionals the team at Lionheart Corporate Governance, are regularly engaging with Boards on the critical importance of cybersecurity. The recent surge in high-profile cyberattacks has highlighted the significant business risks posed by these threats, from financial loss and reputational damage to system downtime and customer attrition.

The Charities (Amendment) Bill 2023, emerging from extensive consultations within the charity sector, introduces several critical updates to the regulatory framework governing charities. These changes, aimed at enhancing clarity, accountability, and governance within the sector, also bring with them a varying degree of administrative implications for charities. We have set out our perspective on some the amendments as follows, focusing on their potential administrative burden and importance for streamlining compliance.