On 26 January 2016, the European Commission approved the acquisition of Topaz Energy Group Limited, Resource Property Investment Fund Plc ("RPIF") and Esso Ireland Limited by Alimentation Couche-Tard Inc ("ACT").
EU, Competition & ProcurementOn the International Front we look at the Securities Financing Transactions Regulation, the AIFMD passport, the PRIPs Regulation, EU Financial Services Regulation and PSD2.
Asset Management & Investment FundsOn the Domestic Front, we look at Deadlines, Central Bank Markets Update, Central Bank Guidance on Umbrella Cash Accounts, Central Bank UCITS Q&A, CP86 transition timelines, CRS, FATCA and the EU Savings Directive.
Asset Management & Investment FundsThe High Court has refused an application made by Forum Connemara Limited ("Forum Connemara") for a stay on the implementation of the decision made by Galway County Local Community Development Committee (the "Committee") to award Galway Rural Development Company Limited ("GRDCL") a contract for the implementation of the Social Inclusion and Community Activation Programme (“SIPAC”) in County Galway
EU, Competition & ProcurementDirector of Corporate Enforcement -v- Walsh & ors [2016] IECA 2 concerned an appeal by the Director of Corporate Enforcement (the Director) against a decision of Barrett J declining to make a disqualification or restriction order against three directors.
DisputesThe Department of Justice has published the Criminal Justice (Offences Relating to Information Systems) Bill 2016
Commercial & TechnologyTelecoms company, Yourtel, has been fined €5,000 for making unsolicited telephone calls to two homes, urging them to switch their business.
Privacy & Data SecurityThe High Court has recently affirmed a decision of the Labour Court which awarded an employee €40,000 for failure to adequately consider or evaluate potential options of reasonable accommodation.
EmploymentThere have been intense negotiations between EU and US officials on an "Umbrella Agreement" or "Safe Harbour 2.0" following the European Court of Justice's Schrems decision last October.
Commercial & TechnologyThe highly anticipated recommendations arising out of the Migration Advisory Committee (MAC) Review into Tier 2 Migration were published today, 19 January 2016, following a 7 month process of consultation and assessment.
Pensions & IncentivesA recent ruling from the European Court of Human Rights (ECHR) in the case of Barbulescu v Romania, has been the hot topic of conversation at water coolers (and, somewhat ironically, on social media) all over Europe in relation to whether employers may be entitled to trample employees' privacy rights and access personal employee messages sent while employees are at work.
EmploymentThe Data Protection Commissioner (DPC) has published updated guidance on the use of CCTV, and new guidance on the use of Body Worn Cameras and Drones. While guidance issued by the DPC is not legally binding, it is regarded as best practice, and organisations should take steps to comply with same.
Privacy & Data Security
