Minister for Public Expenditure and Reform Michael McGrath is to bring proposals to Cabinet to amend the law in relation to lobbying activity by former ministers and senior civil servants.

It follows controversy last year surrounding the appointment of former minister of state in the Department of Finance Michael D'Arcy as Chief Executive Officer of the Irish Association of Investment Managers.

Under reforms to be discussed by the Cabinet, failure to comply with a "cooling off" period before taking up a lobbying role will be subject to a civil sanction for the first time.

It is also expected that Minister McGrath will propose widening the scope of the Lobbying Act to bring certain non-remunerated office holders within its scope and take steps to prevent non-compliance with the requirement to register lobbying activity.