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Legal Updates & Insights

  • article

    Competition law in Ireland: new legislation; new chairperson; and now, a new strategy statement

    A&L Goodbody's EU, Competition & Procurement team take a look at competition law in Ireland in 2023

    EU, Competition & Procurement
  • article

    MiFID II / MiFIR Review: European Council publishes final compromise texts

    The Council of the European Union has published final compromise texts for proposed amendments to the Markets in Financial Instruments Directive and Markets in Financial Instruments, which reflect the provisional political agreement that was reached with the European Parliament in June 2023.

    Financial Regulation Advisory
  • article

    Distance Marketing in Financial Services: New Directive Finalised

    On 23 October 2023, the European Council adopted a directive concerning financial services contracts concluded at a distance, following approval by the European Parliament. This marks the final step of the EU decision-making process.

    Financial Regulation Advisory
  • article

    EU competition chief speaks about AI and competition law

    We reflect on the Director General of the European Commission’s Directorate General for Competition address on the Digitial Markets Act as well as AI. Read more.

    EU, Competition & Procurement
  • article

    FDI Screening Bill becomes law

    Ireland's Screening of Third Country Transactions Bill (now the Act) finally completed its passage through the Houses of the Oireachtas (the Irish Parliament) last week and was signed into law by the President of Ireland today (31 October 2023).

    Corporate & M&A
  • article

    Ireland’s first criminal conviction for insider dealing

    Ireland recently saw, for the first time in its history, the criminal conviction of an individual for insider dealing.

    Corporate Governance & Compliance
  • article

    Update from Central Bank Governor on IAF Guidance

    Following the publication of the Central Bank’s draft Guidance on the Individual Accountability Framework (IAF) in March 2023 and the consultation process which closed in June 2023, it appears that publication of the final Guidance and the feedback statement on the Consultation is imminent and will be published next week.

    Asset Management & Investment Funds
  • article

    Department of Finance’s Financial Consumer Protection Roadmap

    ALG's Financial Regulation Advisory team look at the developments outlined in the Financial Consumer Protection Roadmap.

    Financial Regulation
  • Article

    ELTIF 2.0 – Central Bank consultation on new ELTIF chapter of AIF Rulebook

    On 1 November 2023, the Central Bank of Ireland published Consultation Paper 155 on a proposed new European Long Term Investment Fund chapter of the Central Bank’s AIF Rulebook.

    Asset Management & Investment Funds
  • Article

    Bus competition case to go ahead in Irish criminal court in 2025

    A case involving alleged bid-rigging by some local bus operators is scheduled for 2025. Read more here.

    EU, Competition & Procurement
  • Article

    Audit clauses and contractual construction: the (Paddington) bare facts

    Paddington Bear, the friendly spectacled bear from “darkest Peru”, has a habit of getting into trouble. However, it was Paddington and Company Limited and Pixdene Limited that got into a sticky situation in relation to an audit clause in their contract. Read more

    Belfast
  • publication

    New landmark judgment: The Supreme Court rules on pizza delivery drivers’ employment status

    Issues involving whether a worker is engaged under a contract of service (as an employee) or a contract for services (as an independent contractor) occur in a wide range of different legal contexts and have been the subject of many decisions handed down by various bodies over the years. Read the latest update here.

    Employment