Cross-Border Mobility Regulations Amended

The European Union (Cross-Border Conversions, Mergers and Divisions) Regulations 2023 (the “Mobility Regulations”) were signed into law in May 2023 and set out the framework in Ireland for cross-border conversions, mergers and divisions involving EEA limited companies.

The Mobility Regulations have now been amended.  The amending regulations:

• insert a new provision on Penalties;
• replace references to “category 2 offence” with “an offence”; and
• include a definition of “converting company”.