The Central Bank of Ireland (CBI) contacted Irish UCITS management companies on 6 February 2020 to advise that a detailed UCITS liquidity questionnaire will become available for completion in March 2020. Recipients of the questionnaire will have about 3 weeks to complete it. The CBI included the template liquidity questionnaire in its communication and asked that it is shared with all board member
Asset Management & Investment Funds
Anna-Marie Curran, EU, Competition & Procurement Partner and Jessica Egan, EU, Competition & Procurement Solicitor provide a practical insight into public procurement in Ireland. First published in 'The International Comparative Legal Guide to: Public Procurement 2020' (12th Edition) by Global Legal Group.
EU, Competition & Procurement
In XPL Engineering ltd. V. K & J Townmore Construction ltd. [2019] IEHC 665, the High Court held that a construction dispute was within the remit of the Arbitration Act and should be referred to arbitration having regard to Article 8 (1) of the UNCITRAL Model Law on International Commercial Arbitration and the relevant arbitration agreements between the parties.
Construction
With Ireland's workforce becoming increasingly older, mandatory retirement has become a forefront issue for employers. It is featuring prominently in political campaigns leading up to the General Election with certain parties pledging to introduce reforms outlawing mandatory retirement ages if elected.
Employment
In recent years we have seen the rapid global emergence of the "gig economy". This change in the labour market has led to a flurry of judgments from the UK Courts who have had to grapple with the concept of "employment status" in cases brought against businesses such as Uber, Deliveroo, CitySprint and Weight Watchers.
Employment
New legislation to amend Irish law on gaming and lotteries has recently been enacted and is expected to be commenced shortly. The Gaming and Lotteries (Amendment) Act 2019 (the 2019 Act) makes a number of changes to the licensing regime for gaming and lotteries. This legislation is an interim measure, pending broader legal reform for the Irish gambling industry.
Betting, Gaming & Licensing
2019 was a significant year for the Irish offshore wind sector. We have set out some of the key achievements in 2019 and so far in 2020 and the key deliverables for 2020.
Energy & Natural ResourcesSFTR reporting, ESMA annual report on AIFs, Brexit, ESMA's Strategic Orientation for 2020-22, ESMA's Q&A process, Cryptoassets and SEC proposal to update Accredited Investor definition.
Asset Management & Investment FundsDeadlines, CBI on UCITS financial indices, CBI on investment by UCITS in CFDs, CLOs, CoCos and binary options, CBI Supervisory Priorities, Migration of Participating Securities Act, CBI 2019 Enforcement Actions, CBI Markets Updates...
Asset Management & Investment FundsWe have outlined below some developments that can be expected in 2020.
EmploymentOn Friday night next, 31 January, the United Kingdom is expected to leave the European Union after 47 years and one month of membership.
BrexitThe Central Bank of Ireland issued revised guidance in July 2019 on UCITS financial indices. In January 2020, the Central Bank of Ireland clarified the pre- and post-authorisation certification and confirmation process in that guidance.
Asset Management & Investment Funds
