All eyes are on Ireland because of Brexit and the vexed question of the backstop option to prevent a hard border between Northern Ireland and the Republic of Ireland. Businesses around the world are monitoring the impact of Brexit not just on the economies of the U.K. and Ireland, but on the wider international arena. However, there is a top priority beside Brexit for those who are doing business with Ireland. New corruption laws, incorporating a U.K.-style strict liability corporate offence, combined with Ireland's unique mandatory and wide reporting regime, should be urgent focal points.
The companies, partnerships and individuals, both Irish and non-Irish, affected by these developments is growing because of Brexit, U.K. and international businesses are reportedly moving staff and offices to Dublin, adding to the cosmopolitan mix of technology, financial services, life sciences and other sectors already embedded there.