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Legal Updates & Insights

  • Article

    CRU opens consultation on large energy user connection policy

    On 15 January, the Commission for Regulation of Utilities released the consultation paper (CRU/2024001) for its Review of Large Energy Users.

    Energy & Natural Resources
  • publication

    Employment Law in 2024 - What’s on the horizon?

    In this briefing we take a look at some of the key changes and developments to expect during 2024. Click for more.

    Employment
  • Article

    Financial Services Regulation and Compliance - Cross Sectoral and Other December 2023

    Domestically, the CBI publishes ASP feedback statement and guidelines. At European level, the ESAs launch second batch of DORA policy mandates and Council and Parliament agree to create new AMLA authority.

    Financial Regulation
  • Article

    Financial Services Regulation and Compliance - Investment Firms December 2023

    Domestically, the CBI issues Dear CEO letter on Common Supervisory Action on MiFID II Costs and Charges Requirements. At European level, the ESMA publishes updated Q&A document on MiFID II and MiFIR.

    Asset Management & Investment Funds
  • Article

    Financial Services Regulation and Compliance - Insurance December 2023

    Domestically, the CBI publishes Insurance Corporations Statistics - Q3 2023. At European level, the EIOPA updates representative portfolios to calculate volatility adjustments to the Solvency II risk-free interest rate term structures.

    Finance
  • Article

    Financial Services Regulation and Compliance - Funds December 2023

    Domestically, Asset Valuations - FMCs to review asset valuation frameworks by end Q2 2024. At European level, the ESMA updates timeline for its guidelines on ESG and sustainability-related terms in fund names.

    Asset Management & Investment Funds
  • Article

    Financial Services Regulation and Compliance - Banking and Payments December 2023

    Domestically, the Department of Finance launches National Payments Strategy: Public Consultation. At European level, the ECB publishes results of its SREP for 2023 and sets out SSM supervisory priorities for 2024-2026.

    Finance
  • article

    New Year, New EU

    Tax policy remains a hot topic at EU level and there is a lot on the agenda for 2024. While the elections to the EU Parliament in June of this year may come with a pause in activity, it is likely to be short lived and we expect to see progress on a number of proposals over the coming months.

    Tax
  • article

    Update on the Corporate Sustainability Due Diligence Directive

    As we have noted previously, the European Commission initially proposed a Corporate Sustainability Due Diligence Directive (the Diligence Directive) on 23 February 2022. The proposed directive then spent several months going through the EU’s legislative process.

    Corporate Governance & Compliance
  • article

    England and Wales.: Court of Appeal confirms that courts can order parties to engage in ADR

    In a decision handed down late last year, in  Churchill v Merthyr Tydfil County Borough Council [2023] EWCA Civ 1416, the Court of Appeal of England and Wales (the Court) has held that courts can order parties to engage in alternative dispute resolution (ADR)

    Disputes
  • article

    How EU legislative changes can affect payment services in Ireland

    In Ireland, there is increasing customer demand for digital payment options and instant payments. Upcoming legislative changes should continue to facilitate the innovation and adoption of new payment offerings.

    FinTech
  • Article

    ALG advised Irish non-life insurer Zurich Insurance plc on its ground-breaking Cross-Border Conversion into a BaFin authorised German Stock Corporation.

    This transaction was the first outbound Cross-Border Conversion of an Irish company and the first Cross-Border Conversion of a regulated insurance company anywhere in Europe. It was also the first Cross-Border Conversion application to come before the Irish Courts.

    Insurance & Reinsurance