Further to our recent update, the Minister of State in the Department of Justice and Equality, Mr. David Stanton, has expressed an intention to bring forward the long awaited Gambling Control Bill (the GCB) by the end of 2017. The Government's Legislation Programme for Autumn 2017 notes that work is underway on the GCB. However, there has been no further information on when the draft of the GCB..
Betting, Gaming & LicensingThe Irish Competition Authority regularly dawn-raids businesses, professional bodies, trade associations and homes. Everyone in business in Ireland needs to be briefed on how to deal with such unannounced visits. A&L Goodbody’s EU, Competition & Procurement Group briefs you on what you need to know.
EU, Competition & ProcurementOn the Domestic Front: Markets Update Issue 7 2017; Central Bank publishes Feedback Statement to Consultation Paper 95 – Funding the Cost of Financial Regulation. On the EU Front: European Commission publishes proposed reforms to foster CMU and financial integration; EBA and ESMA have published their joint guidelines to assess the suitability of members of management bodies and key function holder
FinanceOn the EU Front: ESMA and the NCA's agree work plan on MiFID II pre-trade transparency waivers and position limits; ESMA updates Q&A on MiFID II implementation.
FinanceOn the Domestic Front: Life Assurance (Provision of Information) Regulations amended to avoid duplication with the PRIIPs Regulation; Central Bank publishes Insurance Quarterly Newsletter. On the EU Front: European Commission adopts Delegated Regulations supplementing the Insurance Distribution Directive; Insurance Europe recommends grandfathering of existing insurance contracts post-Brexit.
FinanceOn the Domestic Front: Irish Funds MiFID II Q&A. On the EU Front: EuVECA and EuSEF Regulations.
FinanceOn the Domestic Front: Central Bank publishes updated guidance on Fitness and Probity for Credit Unions; Central Bank publishes Addendum to the Individual Questionnaire for Credit Institutions. On the EU Front: European Banking Authority publishes guidelines on internal governance under Directive 2013/36/EU; European Banking Authority publishes final technical standards on MREL reporting by resolu
FinanceEmployers should note the following recent changes in the context of maternity, immigration and collective redundancies: Longer maternity leave and benefit, changes to the notification procedures for collective redundancy, and change to Graduate Work Permit Eligibility.
EmploymentThe perils of making a declaration of solvency by company directors, without reasonable grounds.
Corporate Governance & ComplianceIn a much anticipated judgment, the Irish High Court yesterday decided to ask the Court of Justice of the European Union (CJEU) to rule on the validity of Standard Contractual Clauses (SCCs).
Commercial ContractsThe UK Information Commissioner’s Office (ICO) is consulting on draft GDPR guidance on contracts and liabilities between controllers and processors.
Commercial & TechnologyThe U.S. Federal Trade Commission (FTC) announced on 8 September that three U.S. companies have agreed to settle FTC charges that they misled consumers, by falsely claiming they were certified to participate in the Privacy Shield.
Commercial & Technology
