Legal Updates & Insights: P1260 -A&L Goodbody LLP

Legal Updates & Insights

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    Modern Slavery – April Update

    Many commercial organisations who fall within the scope of the Modern Slavery Act (MSA) are now receiving further correspondence from the Home Office on modern slavery compliance. The Home Office has confirmed its intention to have commenced an audit of compliance by 31 March 2019. By this time, organisations must have assessed their obligations and be actively in compliance with those obligat...

    Belfast
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    MBOs - looking inward to build onward

    A management buyout can be a win-win situation for owners and management teams. The option of selling a business on to the current management team rather than seeking an outside buyer can be attractive for many reasons. And, with greater finance now available in the market the management buyout (MBO) is increasingly viable. Sizeable deals during 2018 included the acquisition of Sligo engineeri...

    Corporate and M&A
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    EU Settlement Scheme - FAQs

    The EU Settlement Scheme will become fully operational on 30th March 2019. Here we answer some of the most common questions on the scheme and how it impacts on EU nationals and their families living in the UK.

    Belfast
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    Asset Management & Investment Funds: EU & International Developments: March 2019

    ESMA's preparations for a no-deal Brexit, PRIIPs KIDs, Reform of European System of Financial Supervision, SFTR , IOSCO, AML/ CTF/ Corruption

    Asset Management & Investment Funds
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    Asset Management & Investment Funds: Irish Practice Developments: March 2019

    New Beneficial Ownership Regulations for corporates, Central Bank permits investment in Chinese bonds via Bond Connect, Central Bank Markets Update, Central Bank speeches.

    Asset Management & Investment Funds
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    Asset Management & Investment Funds Q&A: March 2019

    The investment funds industry is busy assessing the business and compliance challenges of the United Kingdom (UK) withdrawing from the EU (Brexit). These issues include concerns around marketing permissions, delegation, portfolio impact, trading and counterparties, investor disclosures, contractual changes and GDPR. There is still no certainty over the timing and consequences of Brexit. There hav

    Asset Management & Investment Funds
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    UK Auto-Enrolment Pension Contributions to Increase Immediately

    The minimum amount which an Employer and an Employee must pay into the workplace pension (Auto-Enrolment) scheme is changing. From 6 of April 2019 the minimum contributions employers and staff must pay into automatic enrolment workplace pension schemes will increase.

    Belfast
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    Advocate General finds a pre-ticked checkbox does not constitute valid consent for cookies

    The Advocate General of the Court of Justice of the EU (CJEU) has delivered an Opinion in the Planet49 case (Case C-673/17), finding that a pre-ticked checkbox giving consent for cookies does not constitute valid consent under the e-Privacy Directive 2002/58 read in conjunction with the Data Protection Directive 95/46 or the GDPR. Facts In order to participate in a lottery organised by Planet...

    Commercial & Technology
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    Taxing Master to reconsider Attendance Fees in light of Court of Appeal guidance

    In Brehony v. Longford Westmeath Farmers Mart Limited [2019] IECA 60 the Court of Appeal held that a High Court Judge was in error in holding that there was no error in principle in the Taxing Master using an instruction free to "equalise" an Attendance Fee which was provided for in the Rules of the Superior Courts. The matter was remitted to the Taxing Master to reconsider the proper level...

    Disputes
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    New Beneficial Ownership Regulations affecting corporate entities are now in force

    The European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 (the 2019 Regulations) came into force on 22 March 2019, save for Part 3. Part 3 concerns the new Central Register of Beneficial Ownership. It will become operative on 22 June 2019.  The existing regulations in this area, the European Union (Anti-Money Laundering: Beneficial Ownership of Cor...

    Asset Management & Investment Funds
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    Brexit: Words Matter

    Lawyers are often criticised for fretting over words. They are also often condemned for using too many words. The current debate in the House of Commons over Brexit clearly demonstrates how words matter and how there can sometimes be a difficulty because too few words are used. The question posed to the electorate in the UK and Gibraltar on 23 June 2016 was a choice between two words: “remain” a

    Brexit
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    Progress on Gender Pay Gap Reporting in Ireland?

    It's fair to say that the progress of mandatory gender pay gap (GPG) reporting in Ireland has been sporadic to date. So where are we now when it comes to mandatory GPG reporting for employers in Ireland?

    Employment