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Central Bank Issues Clarification of Guidance to be Followed when Contacting Consumers
(05/16/2012)
The Central Bank of Ireland has issued a letter to all lenders to clarify provisions in the Consumer Protection Code 2012 (the 2012 Code) and the Code of Conduct on Mortgage Arrears (the CCMA) in relation to contacting consumers.
Government Publishes Criminal Justice (Spent Convictions) Bill 2012
(05/16/2012)
The Government has published the Criminal Justice (Spent Convictions) Bill 2012. Once enacted, a person, subject to certain exceptions, will not be obliged to disclose spent convictions when asked about their criminal background.
Commercial Court Dismisses Challenge to Set Aside an Arbitral Award
(05/16/2012)
In the recent case, Dunnes Stores v Holtglen Ltd [2012] IEHC 93, the Irish Commercial Court dismissed a challenge by Dunnes to set aside an arbitral award. The judgment usefully considers the principles surrounding the construction of a contract, and the jurisdiction and criteria applicable for the remittal or setting aside of an arbitral award.
Revised Rules of the Irish Stock Exchange Published
(05/16/2012)
The Rules of the Irish Stock Exchange have been revised with effect from 1 May 2012. These Rules govern the activities and operations of all member firms and registered traders on the markets of the Irish Stock Exchange (the ISE). They deal with membership, notifications, trading, clearing and settlement and related matters, and were last updated in October 2009.
New A&L Goodbody Irish HR Law App
(05/16/2012)
A&L Goodbody has launched a new Irish HR Law App. The new App is an essential resource for HR professionals, in-house lawyers and senior management on a range of employment law facts.
EU High-Level Expert Group Formed to Review Banking Sector
(05/09/2012)
The EU Commissioner, Michel Barnier, has established a High-Level Expert Group to review possible reforms to the EU banking sector. The Review is aimed at identifying structural reforms of individual banks, and banking systems as a whole, with a view to reducing the probability and impact of failure to a banking system.
Data Protection Commissioner publishes Annual Report for 2011
(05/09/2012)
The Data Protection Commissioner (DPC) has published his Annual Report for 2011. The Report notes a clear shift from traditional complaints relating to inappropriate or unfair use of personal data, to complaints increasingly related to the security of personal data and the use or misuse of technology in ways that present real risks to personal data.
Recent Developments in Corporate Governance
(05/09/2012)
We have set out here some of the developments which have occurred in the area of corporate governance in recent weeks.
Recent Developments in the Domestic and European Banking Sector for April 2012
(05/02/2012)
This article highlights the main developments that have taken place over the last month in the domestic and European banking sector.
UK Court of Appeal Confirms That a Parent Company may owe a Duty of care to an Employee of its Subsidiary
(05/02/2012)
In the recent case of Chandler v Cape Plc [2012] EWCA Civ 525, the UK Court of Appeal confirmed the High Court's ruling that a parent company owed a duty of care to an employee of a subsidiary company, who developed asbestosis after being exposed to asbestos dust, in circumstances where the subsidiary company was no longer in existence.
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