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Legal Updates & Insights

  • article

    Update from Central Bank Governor on IAF Guidance

    Following the publication of the Central Bank’s draft Guidance on the Individual Accountability Framework (IAF) in March 2023 and the consultation process which closed in June 2023, it appears that publication of the final Guidance and the feedback statement on the Consultation is imminent and will be published next week.

    Asset Management & Investment Funds
  • article

    Department of Finance’s Financial Consumer Protection Roadmap

    ALG's Financial Regulation Advisory team look at the developments outlined in the Financial Consumer Protection Roadmap.

    Financial Regulation
  • Article

    ELTIF 2.0 – Central Bank consultation on new ELTIF chapter of AIF Rulebook

    On 1 November 2023, the Central Bank of Ireland published Consultation Paper 155 on a proposed new European Long Term Investment Fund chapter of the Central Bank’s AIF Rulebook.

    Asset Management & Investment Funds
  • Article

    Bus competition case to go ahead in Irish criminal court in 2025

    A case involving alleged bid-rigging by some local bus operators is scheduled for 2025. Read more here.

    EU, Competition & Procurement
  • Article

    Audit clauses and contractual construction: the (Paddington) bare facts

    Paddington Bear, the friendly spectacled bear from “darkest Peru”, has a habit of getting into trouble. However, it was Paddington and Company Limited and Pixdene Limited that got into a sticky situation in relation to an audit clause in their contract. Read more

    Belfast
  • publication

    New landmark judgment: The Supreme Court rules on pizza delivery drivers’ employment status

    Issues involving whether a worker is engaged under a contract of service (as an employee) or a contract for services (as an independent contractor) occur in a wide range of different legal contexts and have been the subject of many decisions handed down by various bodies over the years. Read the latest update here.

    Employment
  • Article

    ESMA Guidelines on MiFID II product governance requirements now applicable

    ESMA’s new Guidelines on MiFID II product governance requirements came into effect on 3 October 2023.

    Financial Regulation
  • publication

    The Online Safety Act in focus: key challenges, implementation, and navigating Ofcom’s approach

    On 26 October 2023, the UK’s Online Safety Act received Royal Assent. Read more on the implications of this here.

    Belfast
  • publication

    ESMA Guidelines on Certain Aspects of MiFID II suitability requirements now applicable

    ESMA’s new Guidelines on certain aspects of the MiFID II suitability requirements came into effect on 3 October 2023.

    Financial Regulation
  • article

    Foreign subsidies: mandatory notification regime now live

    The mandatory notification regime under the EU’s Foreign Subsidies Regulation (the FSR) went live on 12 October 2023.

    Corporate & M&A
  • article

    The draft Green Public Procurement Strategy and Action Plan

    Anna-Marie Curran, Partner looks at the draft Green Public Procurement Strategy and Action Plan

    Climate Action
  • article

    The UPC – an Irish perspective

    1 June 2023 marked a significant step forward for patent protection and enforcement in Europe with the commencement of the Unified Patent system. It created a Unitary Patent, that provides uniform protection and equivalent effect across all participating Member States under the jurisdiction of one court, the Unified Patent Court.

    Technology