On the Domestic Front: The Government proposes changes to Insurance Compensation Fund; Department of Finance publishes update on the transposition of the Insurance Distribution Directive. On the EU Front: European Commission consults on two draft Delegated Regulations supplementing IDD; EIOPA issues opinion on supervisory approach to Brexit relocations.
Insurance & ReinsuranceOn the Domestic Front: MIFID II Regulations 2017 are published; Central Bank publishes an addendum to the Consumer Protection Code 2012. On the EU Front: ESMA issues final guidelines on data transfer between Trade Repositories authorised under EMIR; ESMA publishes its first three opinions on positions limits regarding commodity derivatives under MiFID II and MiFIR
Asset Management & Investment FundsOn the Domestic Front: Key provisions of the Credit Reporting Act 2013 enter force; On the EU Front: EBA publishes final standards specifying information requirements for the authorisation of credit institutions; The Commission consults on the development of secondary markets for non-performing loans and distressed assets and protection of secured creditors from borrowers’ default.
Financial RegulationOn the Domestic Front: Update of the Investment Limited Partnership and ICAV legislation announced; On the EU Front: ESMA issues opinion on Asset Segregation and Custody Services; ESMA issues opinion supporting supervisory convergence in the area of investment management in the context of Brexit.
FinanceThe Transparency (Directive 2004/109/EC) (Amendment) Regulations 2017 (S.I. No. 336 of 2017) (the 2017 Transparency Regulations) were signed by the Minister for Finance on 25 July 2017 but were only publicly available on 31 July 2017, and are stated to come into operation today, 1 August 2017.
Corporate & M&AIn recent years, Ireland has emerged as a global cybersecurity hub, with high profile international companies like Intel Security, Trend Micro, Malwarebytes, AlienVault, FireEye, SolarWinds and NUIX choosing it as a location for their European operations.
Investing in IrelandWhat do Funds and their managers need to consider in respect of the Benchmarks Regulation?
Asset Management & Investment FundsOn the International Front we look at ESMA opinions to support supervisory convergence in EU27 in the context of Brexit; ESMA opinion on Asset Segregation and Custody Services...
Asset Management & Investment FundsIn Irish practice developments: we look at some approaching deadlines; Central Bank Brexit FAQ;Update of Investment Limited Partnership and ICAV legislation; Senior Central Bank appointments; Irish Funds Financial Reporting Brief and Central Bank Discussion Paper on how digital technology is transforming retail financial services
Asset Management & Investment FundsGina Conheady, Head of A&L Goodbody’s San Francisco Office, looks at Ireland in a post-Brexit world.
BrexitFive years after the Government initially published details of proposed new legislation to modernise Ireland's anti-corruption and bribery laws, the publication of a Bill now appears imminent.
White Collar CrimeNational Asset Loan Management Ltd v Southlodge Inns Ltd [2015] IEHC 109 is the latest in a line of cases confirming the position originally laid down in ICC v Verling & Ors. [1995] 1 ILRM 123 that a lease granted by a borrower without the consent of its lender (as stipulated by the mortgage deed) is void as against the lender and cannot inhibit the lender in invoking its right to enforce the secu
Commercial Property
