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Legal Updates & Insights

  • Article

    New Central Bank Guidelines on Administrative Sanctions

    The Enforcement Directorate of the Central Bank of Ireland today published a new guide to sanctions imposed under the Administrative Sanctions Procedure (ASP).

    Financial Regulation
  • Article

    Hologram trade marks and 22nd century brands

    The UK's first multimedia motion mark was registered earlier this year, following, in the shadow of technological advances, a raft of changes to European trade mark laws.

    Commercial & Technology Belfast
  • Article

    Financial Services Regulation and Compliance - General Cross Sectoral Oct 2019

    Domestically, Deputy Governor Ed Sibley discussed further work required by financial institution to prepare for the UK’s departure from the EU. Minister Donohoe spoke on the proposed Senior Executive Accountability Regime (SEAR); In European news, publication of Joint Committee of the European Supervisory Authorities priorities for 2020. ESMA published a final report on CSDR guidelines.

    Financial Regulation
  • Article

    Financial Services Regulation and Compliance - Funds Oct 2019

    Domestically, Central Register of Beneficial Ownership of Companies; At European level, ESA consultation on changes to the KID for PRIIPs and Benchmarks Regulation consultation...

    Financial Regulation
  • Article

    Financial Services Regulation and Compliance - Insurance Oct 2019

    Domestically, Central Bank Director General delivers speech about the Senior Executive Accountability Regime; At European level, EIOPA calls for research proposals and consults on technical advice for 2020 review of Solvency II...

    Financial Regulation
  • Article

    Financial Services Regulation and Compliance - Investment Firms Oct 2019

    Domestically, The Central Bank has updated its FAQ on Brexit; At European level ESMA published a final report on Regulatory Technical Standards (RTS) on the application of the Market Abuse Regulation.

    Financial Regulation
  • Article

    Financial Services Regulation and Compliance - Banking Oct 2019

    Domestically, CBI issues industry letters to all the main Irish lenders, reminding them of their obligation under the Code of Conduct on Mortgage Arrears 2013 not to impose charges and/or surcharge interest on arrears; At European level, several reports were published including the EBA's Basel III capital monitoring report and the EBA publishing an Opinion...

    Financial Regulation
  • Article

    Bullying in the workplace

    This week marks ‘Anti-bullying Week' across the UK. At some point, most employers will have received employee grievances citing allegations of ‘bullying’, ‘harassment’ or ‘victimisation’. Some of these phrases have specific legal definitions which often are not understood by employees.

    Belfast
  • Article

    Irish Merger Control: Main Features

    A review of the main features in relation to merger control in Ireland.

    EU, Competition & Procurement
  • Article

    Ireland’s competition agency consults on possible simplified merger notification procedure guidelines

    Ireland's Competition and Consumer Protection Commission (CCPC) has been considering for some time as to whether to introduce a simplified merger notification procedure.

    EU, Competition & Procurement
  • Article

    EU Gives “Flextension” to the UK

    Three days before the UK was due to leave the EU on 31 October 2019, the European Council agreed to give the UK a further extension on its notice period to leave the EU. 

    Brexit
  • Article

    NI firm facing large fine as part of price fixing cartel

    The Competition and Markets Authority (CMA) has recently issued 3 firms with fines totalling more than £36m for breaking competition law in supplying certain concrete drainage products for building projects

    Belfast