Legal Updates & Insights | A&L Goodbody LLP

Legal Updates & Insights

  • publication

    Central Bank of Ireland shakes up Irish property fund sector

    The Central Bank of Ireland has introduced sweeping new rules that will impact on Irish regulated funds that invest primarily in Irish real estate. The new rules introduce mandatory leverage limits for all Irish regulated property funds and liquidity requirements for any Irish regulated property fund that is not closed-ended.

    Asset Management & Investment Funds
  • article

    Supreme Court ruling on environmental costs protection under Section 50B

    On 10 November 2022, Mr Justice Murray in the Supreme Court delivered judgment in Heather Hill Management Company CLG & McGoldrick v An Bord Pleanála, Burkeway Homes Limited and the Attorney General [2022] IESC 43, overturning an earlier decision of the Court of Appeal and reinstating the decision of Simons J in the High Court.

    Environmental & Planning
  • publication

    SLAPPs, Serious Harm, and the Defamation Act (Northern Ireland) 2022

    In view of a range of ongoing legislative efforts to address SLAPPs, we review the current position in Northern Ireland, and look ahead to some of the opportunities for and obstacles to prospective anti-SLAPP legislation in the jurisdiction, within the new legal context established by the Defamation Act (Northern Ireland) 2022 in our latest publication.

    Belfast
  • article

    Financial Services Regulation and Compliance - Funds October 2022

    Domestically, the CBI established a streamlining process for pre-contractual document updates based on SFDR L2 requirements with a filing deadline of 1 December 2022. At European level, the European Commission adopted a legislative proposal for a new delegated regulation amending SFDR Level 2 RTS as a result of the Complementary Climate Delegated Act (made under the Taxonomy Regulation).

    Asset Management & Investment Funds
  • article

    Financial Services Regulation and Compliance - Insurance October 2022

    Domestically, the CBI published its second edition of the 2022 Intermediary Times newsletter. At European level, EIOPA publishes monthly technical information for Solvency II risk-free interest rate term structures and the equity capital charge.

    Financial Regulation
  • article

    Financial Services Regulation and Compliance - General Cross Sectoral October 2022

    Domestically, the CBI Speech on addressing climate risk in the financial system during Climate Finance Week 2022. At European level, at the 'Payments Tomorrow' annual conference the EBA discussed the success of PSD2 and the future of PSD3.

    Financial Regulation
  • event

    Financial Services Regulation and Compliance - Investment Firms October 2022

    Domestically, the CBI publishes revised monthly client asset report template and guidance note. At European level, ESMA and ACER establish joint task force in oversight of energy and energy derivatives market.

    Asset Management & Investment Funds
  • article

    Financial Services Regulation and Compliance - Banking October 2022

    Domestically, the CBI announced targeted changes to mortgages measures framework. At European level, the EBA publishes its report on its analysis of the EU dependence on non-EU banks and of EU banks' dependence on funding in foreign currency.

    Finance
  • article

    Government approves publication of the Gambling Regulation Bill

    The publication of the Gambling Regulation Bill (the Bill) has just been approved by the Government.

    Betting, Gaming & Licensing
  • article

    Asset Management & Investment Funds: EU & International Developments – November 2022

    PRIIPs KID SFDR, Taxonomy, ESMA strategy, work programme & supervisory priorities, securitisation regulation review, AML/ CFT/ Sanctions.

    Asset Management & Investment Funds
  • article

    Asset Management & Investment Funds: Irish Practice Developments – November 2022

    Deadlines, SFDR L2 filings, CBI note on SFDR/ TR, whistleblowing, GDPR SCCs, AIFMD Q&As, CBI speeches, outsourcing, AML , beneficial ownership deadline, AML transaction monitoring, CBI markets updates, market abuse.

    Asset Management & Investment Funds
  • article

    Consumer Rights Act 2022 is signed into law

    The Consumer Rights Act 2022, was signed by the President on 7 November 2022 having completed its passage through both Houses of the Oireachtas on 26 October 2022.

    Disputes