Irish developments this month focused on the Solvency II Directive, with the CBI issuing guidance on Special Purpose Vehicles (SPVs) and publishing its findings on regulatory reporting under the Directive. On the European front, the European Commission published a draft delegated regulation amending securitisation calculations, while the European Insurance and Occupational Pensions...
Financial RegulationThings have been relatively quiet on the domestic front. The CBI Deputy Governor addressed the Bank's strategy for resolving non-performing loans (NPLs) & Government policy on banking remuneration was discussed. Meanwhile, EU institutions released economic updates and regulatory agendas. The European Banking Authority (EBA) proposed amendments to rules for supervisory reporting and the European...
Financial RegulationMatthew Cole and Sheena Doggett (Corporate and M&A Partners at A&L Goodbody) provide insights into the legal and procedural IPO landscape in Ireland. First published in the 'The Initial Public Offerings Law Review' (Second Edition) by Law Business Research.
Capital Markets - EquityBusiness fined €124.5m by the European Commission for implementing a deal before getting approval
EU, Competition & ProcurementA detailed article on the challenges involved in representing businesses and trade associations in competition law cases
EU, Competition & ProcurementThe Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Bill 2018 (the Bill) has now been published.
Asset Management & Investment FundsThe High Court judgment in Friends of the Irish Environment v. An Bord Pleanála (delivered on 9 March 2018 by Meenan J) decided that if a section 5 referral is made by a third party, then the owners and occupiers of the lands must be identified and served with notice of the referral, and given an opportunity to make submissions in accordance with basic fair procedures.
Environmental & PlanningWhat changes have been agreed by the EU Parliament in relation to beneficial ownership rules for Irish companies?
Asset Management & Investment FundsMMFR, GDPR, ESAs report on risks and vulnerabilities, a proposed directive to protect EU whistleblowers and AML/CTF.
Asset Management & Investment FundsDeadlines, Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Bill 2018, new CBI process for RIAIF RMPs and CBI on innovation and technology.
Asset Management & Investment FundsThe European Commission has approved, under the State Aid rules, Ireland's proposed "sugar tax" on sweetened water-based and juice-based beverages
BrexitNew legislation has been passed by the Irish Parliament and will soon be commenced. Irish companies, particularly those doing business in high corruption risk countries, and companies operating in Ireland should be prepared.
White Collar Crime
