A recent decision by the Workplace Relations Commission (the WRC) offers practical guidance to employers addressing a situation where an employee is "moonlighting". While moonlighting can be attractive to employees as a way of supplementing income or attaining new skills, it can be a challenge for employers.
EmploymentNew regulations, (the Amending Regulations) have recently been made by the Minister for Business, Enterprise and Innovation. These amend the EU (Disclosure of Non-Financial and Diversity Information by Certain Large Undertakings and Groups) Regulations 2017 (the Non-Financial Disclosure Regulations). The Amending Regulations come in to operation on 17 October 2018
Corporate & M&AIrish betting tax increasing from 1% to 2% of turnover
Betting, Gaming & LicensingWhile the proposed changes to the Irish merger control thresholds would reduce the number of mergers notified in Ireland, the impact of Irish merger control will continue to be felt in a number of ways.
EU, Competition & Procurement
Maria McElhinney, Partner in A&L Goodbody's Finance Department New York, provides an overview as to why Ireland is one of the top global FinTech players.
Client TechOn the domestic front the CBI has issued a Notice of Intention to amend both the CBI Prospectus Handbook & the CBI Transparency Guidelines. The CBI has also published issue 13 of its Markets Update & published the AML Bulletin. On the European front the European Parliament issued new rules to tackle criminal financing which await Council approval...
Financial RegulationOn the domestic front key developments include the CBI's publication of reporting requirements for MiFID investment firms & the Investment Undertaking Electronic Account Filing Requirements Regulations 2018 have been published in the Irish Statute book and are now in force. On the European front ESMA have renewed restriction on contracts for differences (CFDs) for a further three months...
Financial RegulationOn the Domestic front the Minister for Justice and Equality signed a Commencement Order for Parts 1, 2 and 3 of the Civil Liability (Amendment) Act 2017, the CBI published the September edition of Insurance Quarterly and revised application form and guidance for Intermediaries was published by the CBI. On the European front, Delegated regulations on STS securitisations were
Financial RegulationDomestically, this month CBI announced increased flexibility in ETF share classes & retention of daily portfolio disclosure requirement & the CBI announced the deadlines for receipt of applications. Over in Europe, this month European Supervisory Authorities (ESA's) published a letter suggesting that legislative changes are needed to avoid a situation where retail investors would have to receive..
Financial RegulationOn the domestic front the CBI published speeches in respect of legacy issues & lessons learned from the Banking Crisis & announced the countercyclical capital buffer rate. On the EU front public consultations were launched by the ECB on risk-type-specific chapters of its guide to internal models; published reports on funding plans & asset encumbrances
Financial RegulationThe Joint Committee on Justice and Equality's Report on the Multi-Party Actions Bill 2017 contains interesting conclusions. This Private Members' Bill was introduced by Sinn Féin last November to provide for group litigation or class actions, allowing multiple claimants to bring a single legal action arising from common facts or issues. The Bill reflects a Law Reform Commission paper issued in...
DisputesThe thresholds for Irish merger control notifications have been raised
EU, Competition & Procurement
