In our latest publication, we compare two recent Irish High Court decisions; Hyper Trust Limited v FBD Insurance [2021] IEHC 78 (FBD) and Brushfield Limited v Arachas Corporate Brokers Limited and AXA...
COVID-19The introduction of the Senior Executive Accountability Regime and broader Individual Accountability Framework will be one of the most impactful regulatory changes of recent years. The recent publication of the...
Financial RegulationOn 26 March 2021, the European Commission (Commission) published a Staff Working Document summarising the findings of an evaluation (Evaluation) of procedural and jurisdictional aspects of the application of Council Regulation (EC)...
EU, Competition & ProcurementAt the end of July, the long-awaited General Scheme of the Central Bank (Individual Accountability Framework) Bill 2021 was published. It provides for an Individual Accountability Framework designed to deliver heightened...
Financial RegulationOn 6 August 2021, the Central Bank of Ireland (CBI) published a Consultation Paper seeking stakeholders’ views on its proposed Guidance on the Use of Services Companies for Staffing Purposes in the...
Insurance & Reinsurance1 July 2022 is the new date for implementation of the next phase of sustainability-related disclosure requirements under the Sustainable Finance Disclosures Regulation (SFDR).
Asset Management & Investment FundsThe English High Court has recently granted summary judgment against several tenants for rent arrears, which accrued during the COVID-19 pandemic, in two cases: Commerz Real Investmentgellschaft mbH v TFS...
COVID-19Domestically, the CBI published the first issue of the Employers’ Liability, Public Liability and Commercial Property Insurance Report of the National Claims Information Database (NCID) and updated NCID FAQs; At...
Financial RegulationDomestically, , the new cross-border distribution of funds regime applies from 2 August 2021; At European level, an amending UCITS Directive and amending AIFMD Regulations were published and the cross-border distribution of funds...
Asset Management & Investment FundsDomestically, the Department of Finance published a General Scheme of Bill to implement SEAR and the Individual Accountability Framework; At European level, the ECB and ESRB published a joint report...
Financial RegulationDomestically, the CBI published its findings following its industry review of MAR compliance and issued three Dear CEO letters; At European level, the EBA issued an opinion on the implementation...
Asset Management & Investment FundsDomestically, Deputy Governor of the CBI, Sharon Donnery gave a speech in relation to the levels of public debt in post-pandemic environment; At European level, the EBA launched a consultation...
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