The past decade has seen a marked and continuing shift in global focus towards greater accountability and responsibility for decision making in the financial sector - no doubt influenced by the fallout of financial crisis.
Insurance & ReinsuranceOn 27 September 2019, the European Commission (Commission) announced that it had fined two companies a total of €31.6m for breaching EU antitrust rules. A third company involved was not fined as it had disclosed the existence of the breach to the Commission.
EU, Competition & ProcurementLegal stress-testing involves carrying out a legal review of a planning application before being lodged
DisputesThe Supreme Court, weighing in on the legal saga relating to Daly v Nano Nagle School, has clarified the extent of an employer's duty to reasonably accommodate a disabled employee. Rowing back from last year's Court of Appeal decision, the Supreme Court appears to have imposed a more onerous burden on employers.
EmploymentJohn Whelan, Head of A&L Goodbody's Commercial & Technology Department and Alison Quinn, Associate, Commercial & Technology, review patent laws and regulations in Ireland.
Commercial & TechnologyThe Government Chief Whip, Seán Kyne TD, has published the Government’s Legislation Programme for Autumn 2019. The Programme lists 32 priority Bills; 27 Bills currently before the Houses of the Oireachtas, and 69 Bills where preparatory work is underway.
Commercial & TechnologyLast month, the UK Information Commissioner (ICO) released a statement announcing an investigation into the use of facial recognition technology (FRT) in public spaces and expressing concern over its "potential threat to privacy" and "people's…most sensitive personal data". The ICO reassured individuals that it "will not hesitate to use our investigative and enforcement powers to protect people's
GDPRESMA's risk outlook, abolition of restrictions on Chinese investment quotas on QFII and RQFII schemes and AML/CTF
Asset Management & Investment FundsCentral Bank of Ireland (CBI) consultation on fund errors, CBI Christmas deadlines, outsourcing, CBI speech, CBI markets update and Brexit
Asset Management & Investment FundsThe Central Bank of Ireland (CBI) issued a consultation paper about the treatment, correction and redress of fund errors. The consultation closes on 9 December 2019
Asset Management & Investment FundsWhat is the latest update on requirements for liquidity risk management?
Asset Management & Investment FundsOn 2 September 2019, ESMA issued its final guidelines on liquidity stress testing in UCITS and AIFs. The guidelines become effective on 30 September 2020. They apply to UCITS Management Companies, SMICs, AIFMs and internally managed AIFs (Fund Management Companies or FMCs).
Asset Management & Investment Funds