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,
FinanceDomestically, the CBI has launched a COVID-19 information hub, which includes a new blog by the Governor; At European level, the ESAs have launched a consultation on ESG disclosure rules. The European Commission has extended the State Aid Temporary Framework adopted in March.
FinanceDomestically, theCBI has issued communications to regulated financial services providers introducing prudential flexibility measures; At European level, ESMA has issued a public statement to promote coordinated action by NCAs regarding benchmarks external audit requirements; issued a no action letter on the new ESG disclosure requirements under the Benchmarks Regulation.
FinanceDomestically, the CBI has issued communications to regulated financial services providers introducing prudential flexibility measures. It has also launched a COVID-19 Information Hub; At European level, the European Commission, the ECB, and EBA have adopted a range of measures in response to COVID-19.
FinanceAn advocate for the Court of Justice of the European Union (CJEU) has released an opinion calling into question the extension of planning permission granted for the proposed Shannon Liquified Natural Gas (LNG) Terminal project (Permission). This was in response to a reference sent by the Irish High Court.
Environmental & PlanningThe European Securities and Markets Authority (ESMA) has published guidelines on performance fees in UCITS and certain types of AIFs which aim to harmonise EU supervisory practices.
Asset Management & Investment FundsThe High Court has made a referral to the Court of Justice of the European Union (CJEU) on whether it is obliged to rule on the legality of a decision to grant planning permission, in circumstances where all parties have consented to have the proceedings struck out.
Environmental & PlanningESMA guidelines on performance fees, ESG, ESMA & COVID-19, ESMA on performance and costs of retail investment products in the EU, ESMA consultation processes, AML / CTF.
Asset Management & Investment FundsCBI COVID-19 hub, CBI COVID-19 letter to industry, CBI COVID-19 measures, CBI Markets Updates, FATCA.
Asset Management & Investment Funds
