Legal Updates & Insights: P120 -A&L Goodbody LLP

Legal Updates & Insights

  • Article

    Financial Services Regulation and Compliance - Banking Apr 2022

    In domestic news, the CBI has published two "Dear CEO" letters on the withdrawal of retail banks from the Irish market, Derville Rowland delivered remarks at the Institute of Banking/Compliance Institute seminar and Sharon Donnery delivered the opening statement at the Central Bank Conference. At European level, the EBA published its views on the macroprudential framework and proposed amendments

    Finance
  • Article

    Financial Services Regulation and Compliance - Insurance Apr 2022

    In domestic news, the CBI has responded to Pearse Doherty, T.D. on Business Interruption Insurance. In European news, EIOPA published monthly technical information on the RFR, its opinion on insurer disclosure of individual stress test results, its fourth report on costs and past performance of insurance and pension products,

    Financial Regulation
  • Article

    New important EU competition/antitrust rules for many common business deals

    Did you know that your business could well have a "vertical agreement"?  Indeed, your business could be entirely dependent on so-called "vertical agreements".

    EU, Competition & Procurement
  • article

    Contentious AGMs: a case study

    In our recent article, we discussed some of the key points of potential contention between boards and shareholders. As a follow-up, we have prepared a case study to demonstrate some of the questions a board may face when a significant increase in directors' remuneration is proposed at an annual general meeting (AGM).

    Corporate and M&A
  • article

    CBI reportedly seeks High Court confirmation of its first adverse assessment under the Market Abuse regime

    It has been reported in Irish media that on 28 April 2022, the Central Bank of Ireland (CBI) lodged High Court proceedings to confirm an assessment that an individual engaged in insider dealing, contrary to the Market Abuse regulations.

    Disputes
  • article

    Dear CEO letters: CBI reinforces consumer protection expectations in context of changing retail banking landscape

    As highlighted in our previous publication, the protection of consumers amid the changing retail banking landscape (resulting from the scheduled exits of KBC Ireland plc and Ulster Bank Ireland DAC), is a top priority for the Central Bank of Ireland (CBI) this year.

    Financial Regulation
  • article

    EU shipping law & State aid - COVID-19: Italian State aid for coastal shipping

    On 5 May 2022, the European Commission announced that it had authorised Italy, under EU State aid law, to operate a €119m scheme to support cabotage and other maritime services because of the impact of COVID-19.

    EU, Competition & Procurement
  • article

    Dear CEO letter: CBI review of MiFID structured retail products

    As highlighted in our previous publication, driving fair outcomes for consumers and investors, and for their interests to be at the centre of financial services, is an evergreen priority for the Central Bank (CBI).  

    Financial Regulation
  • article

    Food for Thought: Unfair Trading Practices in the Agricultural and Food Supply Chain

    In this publication we look at the principal features of the UTP Regulations, as well as the manner in which they will be impacted by the enactment of the Agricultural and Food Supply Chain Bill 2022 (Bill).

    EU, Competition & Procurement
  • article

    State aid: Ukrainian crisis and State aid to hauliers

    On 27 April 2022, the European Commission approved Irish State aid worth €18m to support the road haulage sector given the Ukrainian crisis.

    EU, Competition & Procurement
  • article

    Coming of Age: Proposed Reforms of European Product Safety laws

    On 19 January 2022, the European Parliament published its draft amendments to the European Commission's proposed General Product Safety Regulation (GPSR).

    Disputes
  • article

    Companies (Covid-19) Act extended to end of 2022

    In a welcome development, the Department of Enterprise, Trade and Employment (the DETE) has announced the extension of the temporary provisions of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (the Act) until 31 December 2022.

    Corporate and M&A