Ireland: Moriarty Tribunal report part II and company law

The Moriarty Tribunal has published its Report Into Payments to Politicians and Related Matters - Part II. The report is published in two volumes: one (here, pdf) and two (here, pdf). The second volume contains a short section on company law, at pages 1161 to 1162, where it is recommended that consideration be given to introducing in Ireland provisions similar to those found in Part 14 (control of political donations and expenditure) of the UK's Companies Act (2006) and in Section 172 of the 2006 Act (the director's duty to promote the success of the company). These recommendations are addressed to the Oireachtas and Company Law Review Group (the latter is drafting the Companies Consolidation and Reform Bill, which is due next year; the general scheme of the Bill is available here).