From a domestic perspective, we look at some compliance deadlines, Variation Margin requirements under EMIR, and a CBI AML/CTF bulletin.
Asset Management & Investment FundsAre non-UCITS which are not selling to EEA Retail Investors required to produce a PRIIPs KID?
Asset Management & Investment FundsA&L Goodbody has launched a new GDPR Ireland App. The App is an essential resource for businesses who will have to comply with increased data protection obligations under the GDPR.
Asset Management & Investment FundsOn 12 December, 2017, the Article 29 Working Party (WP29) published its Guidelines on Consent under the GDPR Consent is one of the lawful grounds on which personal data processing may be based.
Asset Management & Investment FundsOn 12 December, 2017, the Article 29 Working Party (WP29) published its Guidelines on Transparency.
Asset Management & Investment FundsThe CBI issued a statement setting out their intended response to the requirement for financial counterparties to exchange mandatory variation margin (VM) for physically-settled FX forwards from 3 January 2018
Asset Management & Investment FundsThe Central Bank of Ireland (CBI) has published an Anti-Money Laundering Bulletin addressing Section 33(8) of the Criminal Justice (Money Laundering and Terrorist Financing) Act, 2010 (CJA). The Bulletin outlines the types of steps firms may take to comply with Section 33(8) (a) and (b) and separately addresses CDD measures in relation to new and existing customers.
Asset Management & Investment FundsThe European Commission issued a press release which includes a factsheet and which states that the Council of the EU and the European Parliament have reached political agreement on the proposed 5AMLD.
Asset Management & Investment FundsOn 7 December 2017 the Government published the long awaited Employment (Miscellaneous Provisions) Bill 2017. The Bill is designed to tackle some of the difficulties caused by the increasing casualisation of work and use of zero hours' contracts. It also aims to provide greater certainty to employees with precarious working conditions.
EmploymentThis Act will come into force from 1 January 2018 and will increase obligations to consider mediation for dispute resolution.
DisputesThe Financial Services and Pensions Ombudsman Act 2017 which amalgamates the Financial Services Ombudsman and the Pensions Authority into an Office of the Financial Services and Pensions Ombudsman (FSPO) is due to come into force on 1 January 2018.
FinanceIn Susquehanna International Group Ltd v Needham [2017] IEHC 706, Baker J in the High Court considered the novel question of whether a court should order a person to make discovery of documents that they could obtain on foot of a data access request.
Commercial & Technology
