Legal Updates & Insights: P192 -A&L Goodbody LLP

Legal Updates & Insights

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    COP26 and sustainable finance

    Wednesday 3 November 2021 was finance day at COP26. Mobilising funding for rapid, large-scale climate action is one of the COP26 goals and the crucial role of private investment in efforts to...

    Climate Action
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    Green public procurement - the shift from advocating to mandating

    The shift towards mandating green public procurement (GPP) in Ireland has advanced with the publication of the Climate Action Plan 2021 on 5 November 2021.

    Climate Action
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    Financial Services Regulation and Compliance - Funds Oct 2021

    Domestically, the CBI clarified its expectations for the filing of KIIDs for UCITS which are implementing ESMA's performance fee guidelines with effect from 31 December 2021; At European level, the ESAs issued...

    Asset Management & Investment Funds
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    Financial Services Regulation and Compliance - Insurance Oct 2021

    Domestically, the General Scheme of Insurance (Miscellaneous Provisions) Bill 2021 was published; At European level, EIOPA commented on Solvency II proposals from the European Commission and separately, EIOPA set out its...

    Financial Regulation
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    Financial Services Regulation and Compliance - General Cross Sectoral Oct 2021

    Domestically, the CBI published the second edition of its Approach to Resolution for Banks and Investment Firms; At European level, the European Commission adopted its 2022 Work Programme and Commissioner Gentiloni...

    Financial Regulation
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    Financial Services Regulation and Compliance - Investment Firms Oct 2021

    Domestically, the CBI issued its latest markets update, Issue 13 2021, and separately published an updated Beneficial Ownership Register FAQ; At European level, ESMA is seeking stakeholder input on shaping advice on...

    Asset Management & Investment Funds
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    Financial Services Regulation and Compliance - Banking Oct 2021

    Domestically, Director General Derville Rowland spoke on the importance of clear standards of conduct, accountability, and robust enforcement mechanisms; At European level, the European Commission adopted a review of EU...

    Finance
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    CBI Strategy 2021 and a Macro-Prudential Framework for Non-Banks: some points of interest

    The Central Bank of Ireland (CBI) published its new Strategy document (the Strategy) which will be effective from January 2022.

    Asset Management & Investment Funds
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    Rising materials cost in the construction sector

    The construction sector has welcomed the easing of COVID-19 restrictions since April as sites have fully re-opened across the country. However, despite the surge in activity, the industry now faces...

    Construction
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    Dawn raids in alleged pyramid selling case

    Dawn raids are well-known in competition or antitrust law cases, however they can also arise in consumer law cases in Ireland.

    EU, Competition & Procurement
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    CBI “Dear CEO” letter on climate and ESG issues

    On 3 November 2021, the Central Bank of Ireland (CBI) published its anticipated "Dear CEO" letter on climate and ESG issues. 

    Financial Regulation
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    High Court calls “design envelope” into question, Court of Appeal to clarify scope

    The High Court has issued an important decision regarding applications for planning permission for projects, which are based on a "design envelope" approach.

    Environmental & Planning