Legal Updates & Insights

Jun 2020

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CBI markets update, DAC2, CRS & FATCA, COVID-19: CBI expectations for Fund Service Provider on-site visits, IFD and IFR.

Jun 2020

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Q&A of the month. Are Irish Funds and other Irish Regulated Financial Service Providers (Designated Persons) obliged to notify the CBI where a beneficial owner of the Designated Person...

Jun 2020

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The UK government recently announced that it is extending the emergency provision for tenants having difficulty paying rent on commercial leases as a result of the COVID-19 pandemic.

Jun 2020

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The EU's Investment Firms Directive (IFD) and Investment Firms Regulation (IFR) will put in place a new prudential framework for MiFID-authorised investment firms (Investment Firms).  The new framework will aim...

Jun 2020

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The Commission for Regulation of Utilities (CRU) published its ECP-2 Decision on 10 June 2020

Jun 2020

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This market update looks at the recent impact of COVID-19 on the Data centres sector and also gives a brief explanation of the concept of ‘flexible demand’...

Jun 2020

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The European Commission (Commission) adopted a White Paper on 17 June 2020 dealing with the distortive effects caused by foreign subsidies in the Single Market (White Paper). The White Paper is designed...

Jun 2020

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The European Data Protection Board (EDPB) has adopted a statement on restrictions on data subject rights in connection with the state of emergency in Member States. The EDPB emphasises that,...

Jun 2020

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On 29 May 2020, the European Banking Authority (EBA) published its final report on the Guidelines on Loan Origination and Monitoring (the Guidelines). The Guidelines specify the internal governance arrangements for institutions...

Jun 2020

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The Supreme Court decision in Bresco Electrical Services Ltd (In Liquidation -v- Michael J Lonsdale Electrical Ltd handed down on 17 June 2020 is both timely and significant given the “new normal”...