Legislation may pave way for new powers for company law enforcer 

The legislation proposes the ODCE will be an independent organisation overseen by the new Corporate Enforcement Authority.  

Tanaiste Leo Varadkar said the new authority, a recent €1m increase to €6m in the budget for the ODCE, as well as more staff will strengthen the policing of company law.  

A new structure and recent additional funding will help the Office of the Director of Corporate Enforcement to "crack down" on major breaches of Irish company law, Tánaiste Leo Varadkar has said. 

The comments come as the Government readies to publish a bill to set up a new Corporate Enforcement Authority which along with better funding aims to boost the ability of the ODCE to take on "larger scale and more complex breaches of company law".