The provisions of the Copyright and Other Intellectual Property Law Provisions Act 2019 (the Act), which was signed into law on 26 June 2019, were commenced on 2 December 2019...
TechnologyDomestically, there have been some developments, including the CBI's launch of a new guide to sanctions imposed under the Administrative Sanctions Procedure (ASP) for the financial services sector and the publication of the European Union (Money Laundering and Terrorist Financing) Regulations 2019, amending the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010...
Financial RegulationDomestically, CBI introduces enhanced measures to increase transparency of information provided to customers and conduct a review of differential pricing in the motor and home insurance industries; At European level, EIOPA publishes the second annual European Insurance Overview...
Financial RegulationDomestically, CBI Review of CP86 implementation- phase 3; At European level, ESMA speech on fund liquidity
Financial RegulationDomestically, the CBI stated that the financing of a sustainable economy and climate risk is an important topic that is high on their funds and asset management sector agenda; At European level there have been many developments , including the publication of three sets of technical advice to the European Commission by ESMA regarding TC-CCPs under EMIR 2.2.
Financial RegulationDomestically, the CBI has set out what it is doing in the area of climate change; At European level the European Commission hosted a conference on the implementation in the European Union of new international rules for the banking sector known as the "finalization" of Basel III reforms.
Financial RegulationIn this chapter, A&L Goodbody provides an overview of the legal framework and key issues surrounding blockchain law in Ireland.
The European Data Protection Board (EDPB) has published its finalised Guidelines 3/2018 on the territorial scope of the GDPR (Article 3).
GDPRIn K & J Townmore Construction ltd. v. Kildare and Wicklow Education and Training Board [2019] IEHC 666 the High Court refused to refer a dispute to arbitration on the basis that an agreement between the parties to have the disputes resolved by way of expert determination had the effect of disapplying not only the conciliation provisions of the original contract but also the arbitration provisions
DisputesIn 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 Funds