The Supreme Court has clarified the circumstances in which public authorities may be found to owe a duty of care and held liable for negligence in the exercise of their statutory powers.
DisputesFollowing publication of the regulatory technical standards on subcontracting ICT services supporting critical or important functions in the Official Journal of the EU on 2 July 2025, all technical standards under the Digital Operational Resilience Act (DORA) have now been published.
DORAThe State’s automatic retirement savings system called “My Future Fund” will now begin on 1 January 2026 instead of the planned commencement date of 30 September 2025.
EmploymentOn 28 May 2025, the Council and the European Parliament published a Provisional Agreement to amend the existing Directive on the European Works Council, Directive 2009/38/EC.
EmploymentG7 finance ministers have agreed to exclude US MNEs from certain aspects of the Pillar 2 global minimum tax rules. Read more.
TaxESMA proposes wide ranging changes to the UCITS landscape as part of its technical advice on the UCITS Eligible Assets Directive review. Read more.
Asset Management & Investment FundsThe Unshell Directive, as initially proposed, is not moving forward, with the Council opting to address its objectives through existing legislative instruments and a broader simplification agenda. Read more.
TaxThe Capital Requirements Directive, as recently amended, introduces new obligations for the management bodies of EU credit institutions. They must now develop and oversee detailed plans to address financial risks linked to ESG factors.
ESG & SustainabilityThe European Commission is currently revisiting its guidelines on merger control. This reflects changes in the nature of European markets and a shift in European Union policy around specific areas such as digitalisation, market power, and sustainability.
ESG & SustainabilityThe countdown is on to the commencement of the European Union Regulation on Deforestation-free Products (EU) 2023/1115 (the Regulation). The Regulation will apply to large and medium-sized undertakings across the EU from 30 December 2025, and to micro and small entities from 30 June 2026.
ESG & SustainabilityOn 28 May 2025, new regulations were published to implement the EU’s Gender Balance on Boards Directive. These rules introduce gender quotas to improve board diversity in listed companies.
ESG & SustainabilityThe EU’s Anti-Money Laundering Authority (AMLA) became operational today, 1 July 2025. It was established in 2024 under the European Commission’s anti-money laundering and countering the financing of terrorism (AML/CFT) package.
Financial Regulation Advisory
