In Bank of Ireland Mortgage Bank v. O’Malley [2019] IESC 84, the Supreme Court has indicated that, if a lender wishes to use the High Court summary summons procedure for debt recovery, each of the component elements of an overall debt being claimed (i.e. principal, applicable interest rates, bank charges etc.) need to be specifically explained.
DisputesOn 21 November 2019, the Director General of Financial Conduct at the Central Bank of Ireland, Derville Rowland, issued a Dear CEO letter in respect of differential pricing in the motor and home insurance industries.
Financial RegulationThe report provides an overview of key developments in various areas of law as well as featuring significant legal changes anticipated for 2020.
Asset Management & Investment FundsThe Minister of Finance has passed new Regulations, the Data Protection Act 2018 (section 60(6)) (Central Bank of Ireland) Regulations 2019, permitting data subjects’ rights under Articles 12-22 and Article 34, and controllers’ obligations under Article 5 GDPR, to be restricted to the extent necessary and proportionate to allow the Central Bank of Ireland (CBI) to carry out certain functions.
Commercial & TechnologyThe Data Protection Commission (DPC) has published guidance which seeks to answer some of the most frequently asked questions in relation to Data Subject Access Requests (DSARs).
GDPRThe European Union (Money Laundering and Terrorist Financing) Regulations 2019 (the Regulations) were published on 25 November. The Regulations amend the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (CJA). They are effective from 18 November 2019.
Financial RegulationUpdates to UCITS Directive, AIFMD and other legislative reforms.
Asset Management & Investment FundsSome approaching compliance deadlines
Asset Management & Investment FundsDo new regulations permit the CBI to restrict individuals’ data protection rights?
Asset Management & Investment FundsGATS (Global Aircraft Trading System) is the latest buzz word in aircraft financing and leasing circles. It will revolutionise how aircraft assets are traded and financed.
Aviation & Transport FinanceALG's Finance team provide a legal guide to acquisition finance in Ireland.
FinanceMinister for Housing, Eoghan Murphy, intends to introduce new rules which will tighten up planning regulations and change the standard for how environmental challenges can be brought.
Environmental & Planning
