- Competition Law in the Online Environment (05 February 2016)
European Court hands down preliminary ruling on anti-competitive concerted practices in the context of online selling platforms - Case C‑ 74/14, Eturas and Others.
- 'Strengthening Accountability in Banking' initiative and HR implications: what comes next? (04 February 2016)
As you may be aware, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have been in joint consultation in respect of the 'Strengthening Accountability in Banking' initiative.
- Data Protection Commissioner outlines priorities for 2016 – National Data Protection Conference (03 February 2016)
Commissioner Dixon gave a report on the work of the Office of the Data Protection Commissioner (ODPC) for the year 2015, and outlined the priorities of her office for 2016 in a presentation to delegates attending the National Data Protection Conference.
- ESMA Q&A gives detail on the timing of documentation updates for the remuneration and depositary requirements of UCITS V (03 February 2016)
On 1 February 2016, the European Securities and Markets Authority (ESMA) published a new Q&A document on the application of the UCITS Directive, as most recently revised by UCITS V.
- Tracker, Financial Services Regulation & Compliance - Banking (03 February 2016)
On the Domestic Front: Items including the following - Central Bank of Ireland publishes new regulations for firms lending to SMEs - Central Bank of Ireland develops a methodology for a broader examination of tracker mortgage-related issues. On the EU Front: Items including the following - Single Resolution Mechanism comes into place - The revised Payment Services Directive, as adopted, has been published.
- Tracker, Financial Services Regulation & Compliance - Insurance (03 February 2016)
On the Domestic Front: Items including the following - Central Bank feedback on review of annuity sales process - Central Bank guidance in relation to Fitness and Probity obligations for (re)insurers. On the European Front: Items including the following - Third set of Solvency II Implementing Regulations published - EIOPA Solvency II technical information published.
- Tracker, Financial Services Regulation & Compliance - Investment Firms (03 February 2016)
On the EU Front: Items including the following - ESMA Consultation Paper on the development of MiFIR guidelines - ESMA Guidelines on Cross-Selling Practices under MiFID II now applicable.
- Tracker, Financial Services Regulation & Compliance - Funds (03 February 2016)
On the Domestic Front: The Central Bank published issue 9 of 2015 of its Markets Update. On the EU Front: European Commission publishes letter to ESMA on application of AIFMD passport.
- Tracker, Financial Services Regulation & Compliance - Cross Sectoral (03 February 2016)
On the Domestic Front: Items including the following - Finance (Tax Appeals) Act 2015 is signed by the President – not yet commenced - Credit Union regulations imposing a limit on individual members' savings are now in force - Central Bank of Ireland publishes the first Quarterly Bulletin for 2016. On the EU Front: Items including the following - EBA consultation on draft Guidelines under the CRR on implicit support for securitisation transactions - FCA consultation on loan-based crowdfunding platforms and segregation of client money - ESA's publish letter to the European Commission in relation to legislative inconsistencies between the banking, insurance and investment sectors.
- New website obligations for online traders (02 February 2016)
From 15 February 2016, traders established in the EU that sell or provide goods or services online to consumers must provide a link on their websites to the European Commission's online dispute resolution (ODR) platform.
- New Irish Grocery Regime From 30 April 2016 (02 February 2016)
The grocery sector in Ireland will have to cope with a new set of rules from 30 April 2016. On 1 February 2016, the Minister for Jobs, Enterprise and Innovation signed the Consumer Protection Act 2007 (Grocery Goods Undertakings) Regulations 2016. These Regulations will enter into force on 30 April 2016.
- European Commission approves Acquisition of Topaz, RPIF and Esso Ireland by Alimentation Couche-Tard (01 February 2016)
On 26 January 2016, the European Commission approved the acquisition of Topaz Energy Group Limited, Resource Property Investment Fund Plc ("RPIF") and Esso Ireland Limited by Alimentation Couche-Tard Inc ("ACT").
- The Front Page, Asset Management & Investment Funds: Irish Practice Developments (29 January 2016)
On the Domestic Front, we look at Deadlines, Central Bank Markets Update, Central Bank Guidance on Umbrella Cash Accounts, Central Bank UCITS Q&A, CP86 transition timelines, CRS, FATCA and the EU Savings Directive.
- The Front Page, Asset Management & Investment Funds: EU & International Developments (29 January 2016)
On the International Front we look at the Securities Financing Transactions Regulation, the AIFMD passport, the PRIPs Regulation, EU Financial Services Regulation and PSD2.
- Court of Appeal re-establishes case law on disqualification of directors (26 January 2016)
Director of Corporate Enforcement -v- Walsh & ors  IECA 2 concerned an appeal by the Director of Corporate Enforcement (the Director) against a decision of Barrett J declining to make a disqualification or restriction order against three directors.
- Data Protection Commission fines telecoms firm €5,000 (26 January 2016)
Telecoms company, Yourtel, has been fined €5,000 for making unsolicited telephone calls to two homes, urging them to switch their business.
- The Cybercrime Bill is here (26 January 2016)
The Department of Justice has published the Criminal Justice (Offences Relating to Information Systems) Bill 2016.
- Safe Harbour 2.0: Where are we now? (26 January 2016)
There have been intense negotiations between EU and US officials on an "Umbrella Agreement" or "Safe Harbour 2.0" following the European Court of Justice's Schrems decision last October.
- Reasonable Accommodation – how far must employers go? (21 January 2016)
The High Court has recently affirmed a decision of the Labour Court which awarded an employee €40,000 for failure to adequately consider or evaluate potential options of reasonable accommodation.
- Employees' expectations of privacy in the workplace dashed? (20 January 2016)
A ruling last week from the European Court of Human Rights (ECHR) in the case of Barbulescu v Romania, has been the hot topic of conversation at water coolers (and, somewhat ironically, on social media) all over Europe in relation to whether employers may be entitled to trample employees' privacy rights and access personal employee messages sent while employees are at work.
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