On 5 September 2018, the House of Commons issued a 17 page Briefing Paper discussing the impact of Brexit on the UK public procurement sector. A brief summary of the findings is set out below.
BrexitThe Central Bank of Ireland issued its Christmas deadlines for receipt of applications for approvals and notings.
Asset Management & Investment FundsMore Irish merger control notifications by 31 August 2018 than in the whole of 2017.
Corporate & M&ALast month the Court of Appeal weighed in on a decision that appeared to concern a situation of "upwards bullying" – i.e. where a supervisor had allegedly been bullied by a number of subordinate employees. he High Court found the conduct of the subordinates did not meet the high threshold required to constitute "legal" bullying. The Court of Appeal concluded that the case was not one of workplace
EmploymentDr Vincent Power, Partner and Head of A&L Goodbody's EU, Competition & Procurement Group discusses the likely impact of Brexit on shipping and ports.
Brexit
Ten issues every issuer should consider when launching a token offering in or from a European Union jurisdiction.
Client Tech"A&L Goodbody has essentially been the catalyst for everything that has happened with the literacy programme in Ireland since 2013"
On the domestic front the European Union Prospectus Amendment Regulations 2018 were signed into law by Minister for Finance Pascal Donohoe and the CBI focus was on individual accountability as a key cultural driver of misconduct.
Financial RegulationEuropean developments included European Securities and Markets Authority's (ESMA) updates to Q&As on Investment Firms' exposures to credit institutions and updates to its validation rules under the European Market Infrastructure Regulation (EMIR).
Financial RegulationOn the Domestic front the CBI published further consultation on non-life renewals and the cost of Insurance Working Group publishes latest quarterly update. On the European front the European Insurance and Occupational Pensions Authority (EIOPA) published a report on cyber risk insurance and the European Commission called for technical advice on sustainable finance.
Financial RegulationDomestically, this month saw some minor amendments to the Irish Collective Asset-management Vehicles (ICAV) Act 2015 and the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (as amended) (the UCITS Regulations). The CBI also published the results of an inspection into UCITS performance fees.
Financial RegulationOn the domestic front this month the Central Bank of Ireland (CBI) published its Regulatory Service Standards Performance Report for the first half of 2018 and a Financial Stability Note concerning international bank flows and bank business models since the financial crisis.
Finance
