In response to the disruption caused by COVID-19, the European Commission has proposed a three-month deferral period for the rules regarding the mandatory filing and exchange of information on reportable cross-border tax arrangements under DAC6.
COVID-19Ofgem has stunned the energy industry by issuing a record fine against InterGen group for multiple breaches of Article 5 of REMIT, which prohibits actual or attempted market manipulation on wholesale energy markets. On 15 April 2020 Ofgem confirmed a fine of £47.8m, which included a repayment of approximately £12.8m reflecting the money received by InterGen as a result of the breach.
Energy & Natural Resources BelfastIn the latest edition of The Initial Public Offerings Law Review, Corporate Partners Sheena Doggett and Matthew Cole provide an insight into the legal and procedural IPO landscape in Ireland.
Capital Markets - Equity
On 8 May 2020, the Government published a further Order (the Further Extended Order) under the new section 251A of the Planning and Development Act 2000 (as amended) (the Planning Acts), extending certain planning time periods during the Covid-19 emergency until 23 May 2020.
COVID-19The Data Protection Commission (DPC) has published its Annual Report for 2019, the first full calendar year of the GDPR. As usual, the report reveals some interesting statistics and trends.
GDPRIn this briefing, the key features of Ireland's new Simplified Merger Notification Procedure announced by the Competition and Consumer Protection Commission (CCPC) on 7 May 2020 are explained.
EU, Competition & ProcurementThe High Court has recently ruled that the agreement between the liquidator of a company and the parent of that company, which contemplated the transfer of all of the assets of the company to the parent gave rise to a trust arrangement on the facts of the case.
Disputes
As the COVID-19 pandemic continues to impact businesses and individuals the Central Bank has provided some welcome guidance on processing PCF vacancies at this time.
COVID-19
Following the announcement of the Irish Government's 'roadmap' for lifting lockdown restrictions, the Return to Work Safely Protocol ("the Protocol") has been published in the past few days by the Department of Business, Enterprise and Innovation. The Protocol contains practical guidance for employers on reopening their workplaces at a time when the spread of COVID-19 has been successfully
COVID-19
Since the first case of coronavirus in Ireland in February 2020, there has been an unparalleled impact on the country and the Irish economy.
COVID-19Domestically, the Department of Finance has announced common measures agreed by most insurers for business customers in response to COVID-19; At European level, EIOPA has urged insurers and intermediaries to continue to take actions to mitigate the impact of COVID-19 on consumers, and has issued a number of publications.
Financial RegulationDomestically, the CBI has issued a letter on measures related to investment funds in light of ongoing market uncertainty due to COVID-19; At European level,
Finance
