New Beneficial Ownership Regulations for corporates, Central Bank permits investment in Chinese bonds via Bond Connect, Central Bank Markets Update, Central Bank speeches.
Asset Management & Investment FundsThe investment funds industry is busy assessing the business and compliance challenges of the United Kingdom (UK) withdrawing from the EU (Brexit). These issues include concerns around marketing permissions, delegation, portfolio impact, trading and counterparties, investor disclosures, contractual changes and GDPR. There is still no certainty over the timing and consequences of Brexit. There hav
Asset Management & Investment FundsThe minimum amount which an Employer and an Employee must pay into the workplace pension (Auto-Enrolment) scheme is changing. From 6 of April 2019 the minimum contributions employers and staff must pay into automatic enrolment workplace pension schemes will increase.
BelfastThe Advocate General of the Court of Justice of the EU (CJEU) has delivered an Opinion in the Planet49 case (Case C-673/17), finding that a pre-ticked checkbox giving consent for cookies does not constitute valid consent under the e-Privacy Directive 2002/58 read in conjunction with the Data Protection Directive 95/46 or the GDPR. Facts In order to participate in a lottery organised by Planet...
Commercial & TechnologyIn Brehony v. Longford Westmeath Farmers Mart Limited [2019] IECA 60 the Court of Appeal held that a High Court Judge was in error in holding that there was no error in principle in the Taxing Master using an instruction free to "equalise" an Attendance Fee which was provided for in the Rules of the Superior Courts. The matter was remitted to the Taxing Master to reconsider the proper level...
DisputesThe European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 (the 2019 Regulations) came into force on 22 March 2019, save for Part 3. Part 3 concerns the new Central Register of Beneficial Ownership. It will become operative on 22 June 2019. The existing regulations in this area, the European Union (Anti-Money Laundering: Beneficial Ownership of Cor...
Asset Management & Investment FundsLawyers are often criticised for fretting over words. They are also often condemned for using too many words. The current debate in the House of Commons over Brexit clearly demonstrates how words matter and how there can sometimes be a difficulty because too few words are used. The question posed to the electorate in the UK and Gibraltar on 23 June 2016 was a choice between two words: “remain” a
BrexitIt's fair to say that the progress of mandatory gender pay gap (GPG) reporting in Ireland has been sporadic to date. So where are we now when it comes to mandatory GPG reporting for employers in Ireland?
EmploymentThe date of the UK's departure from the EU is now less clear after this week's European Council meeting which took place on 21 March 2019
BrexitIn our latest update we outline the latest developments in Irish Gambling Law.
Betting, Gaming & Licensing
Take a look at the March issue of the Law Society Gazette which features an article looking at how law firms are resourcing innovation and technology.
Client TechThe Central Bank of Ireland (CBI) has completed its review of China Bond Connect and on 21 March 2019 sent a letter to Irish Funds confirming it has no objection to Irish UCITS and AIFs using Bond Connect. The same safekeeping requirements as China Stock Connect will apply.
Asset Management & Investment Funds
