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Legal Updates & Insights

  • Article

    Financial Services Regulation and Compliance - Insurance Sept 2020

    On 31 August 2020, the Minister for Finance signed the Commencement Order for the Consumer Insurance Contracts Act 2019 (CICA) bringing the majority of the provisions CICA into operation from 1 September 2020.

    Financial Regulation
  • Article

    Financial Services Regulation and Compliance - Funds Sept 2020

    Domestically, the CBI has issued its Christmas deadlines for receipt of applications for certain fund and sub-fund applications and approval of certain post-authorisation amendments; At European level, the European Commission has proposed a digital finance package, which includes a draft Directive on digital resilience and a draft Regulation on digital operational resilience.

    Financial Regulation
  • Article

    Financial Services Regulation and Compliance - General Cross Sectoral Sept 2020

    Domestically, , the text of the Bill transposing the 5th Anti Money Laundering Directive into Irish law has been published; At European level, the EBA has published an opinion on the future AML/CTF framework in the EU, a group of European supervisory authorities have launched a survey on environment and/or social financial product templates.

    Financial Regulation
  • Article

    Financial Services Regulation and Compliance - Investment Firms Sept 2020

    Domestically, the CBI has published issue 9 of its Markets Update for 2020; At European level, ESMA has agreed position limits under MiFID II for a number of categories and published a report into the Market Abuse Regulation.

    Financial Regulation
  • Article

    Financial Services Regulation and Compliance - Banking Sept 2020

    Domestically, the Irish Government has announced a €2bn credit guarantee scheme to help businesses respond to the impact of COVID-19; At European level the EBA has published its work programme for 2021 and phased out its guidelines on legislative and non-legislative loan repayments moratoria.

    Financial Regulation
  • Article

    Time to pay fairer? - The European Commission considers FRAND regulation to foster innovation in retail payments

    On 24 September 2020, the Commission adopted its new Digital Finance Package. The aim of this package is to ensure that the EU legal framework will be fit for purpose into the future, particularly in light of the pace at which the digital revolution is reshaping financial services.

    EU, Competition & Procurement
  • Article

    The polluter must pay - Clean-up liability for illegal dumping

    In September 2015, proceedings were initiated by the Meath County Council under section 57 of the Waste Management Act 1996, as amended, seeking orders requiring the Respondents to discontinue the unauthorised holding, recovery and disposal of waste on their land.

    Environmental & Planning
  • Article

    Ireland proposes new Brexit legislation

    Ireland has published the "General Scheme" of the Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020.

    Brexit
  • Article

    2 October 2020: Conclusion of the ninth Brexit negotiating round

    On 2 October 2020, the EU and UK concluded their ninth round of negotiations on the future UK-EU relationship.The negotiations had been held between 29 September and 2 October.

    Brexit
  • EU mulls over extending the COVID-19 Temporary Framework on State Aid
    Article

    EU mulls over extending the COVID-19 Temporary Framework on State Aid

    On 2 October 2020, the European Commission announced that it is considering extending the COVID-19 Temporary Framework on State Aid until 30 June 2021.

    COVID-19
  • Article

    Brexit: Another Day, Another Letter: EU threatens legal action against the UK

    When the history of Brexit is written, much will be made about the letters which have travelled between Brussels and London.

    Brexit
  • Article

    Discovery in procurement cases: Word Perfect Translation Services Limited v Minister for public expenditure and reform

    Supreme Court outlines a Proposed Approach for Discovery in Procurement Cases - Word Perfect Translation Services Limited v Minister for Public Expenditure and Reform, judgment of the Supreme Court of 25 September 2020

    EU, Competition & Procurement