The Belgian Data Protection Authority (Belgian DPA) recently imposed a €50,000 fine on a large telecommunications operator (the company), for failing to comply with the GDPR in relation to the appointment of their Data Protection Officer (DPO).
TechnologyLiquidity risks and tools, ESG, ESMA on half yearly reporting, conduct of business obligations and risk dashboard, FSB cyber consultation, DAC6, AML/CTF. ESMA consultation on guidelines on outsourcing to cloud service providers.
Asset Management & Investment FundsCBI Markets Update, Financial Crime Risk.
Asset Management & Investment FundsQ&A of the month. Over two months into the COVID-19 pandemic, what have we learned about the governance, contingency planning and risk issues for regulated investment funds and regulated financial service providers established in Ireland?
Asset Management & Investment FundsIn crises and emergencies such as COVID-19, storms, disasters and product shortages, there are often discussions about alleged "price gouging". The putting into effect of unjustifiable price increases during the COVID-19 pandemic is under active scrutiny by competition agencies in various jurisdictions
COVID-19As part of their lockdown exit strategy, governments around the world are launching Apps with contact tracing functions.
TechnologyThe COVID-19 Crisis has had a very significant impact on competition/antitrust law. Already, it has influenced aspects of the practice of competition law in ways that no other crisis has ever done.
COVID-19In response to the effect of COVID-19 on Irish businesses the Irish Government and, in particular the Department of Business, Enterprise and Innovation (the DBEI) has provided certain supports to Irish businesses which primarily seek to assist businesses to stay operational and retain their staff
Corporate & M&AThe European Supervisory Authorities consultation on the EU Regulation on sustainability‐related disclosures in the financial services sector issued on 23 April 2020.
Asset Management & Investment FundsA&L Goodbody's Dr Vincent Power writes why the COVID-19/Coronavirus crisis demonstrates why an international convention is needed to deal with various aspects of shipping (including the repatriation of crew and passengers) in the event of another pandemic or epidemic.
COVID-19The Government has announced a number of significant changes to the COVID-19 Temporary Wage Subsidy Scheme (TWSS) in an attempt to address certain anomalies and today Revenue issued guidance on some of these changes.
COVID-19In a recent address on Digital Finance in Europe, the Director of Financial Regulation, Policy and Risk at the Central Bank of Ireland (CBI), Gerry Cross, shared some of the CBI's thinking on the current and timely topic of technological innovation and digital finance.
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