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Legal Updates & Insights

  • article

    Foreign Direct Investment screening in Ireland in 2024 – what factors will businesses need to consider if a transaction is screened in Ireland?

    The number of Foreign Direct Investment screening regimes is increasing across the EU. Read more here

    EU, Competition & Procurement
  • article

    UK set to join the Hague Judgments Convention

    As discussed in our previous article in September 2023, late last year, the UK government launched a two-month consultation on whether the UK should join the Hague Judgments Convention 2019 (HJC). This consultation closed on 9 February 2023, with the outcome following on 23 November 2023 that the UK looks set to join the HJC “as soon as practicable”[1].

    Disputes
  • article

    General Product Safety Regulation is in force: less than one year to go until EU’s new Product Safety rules apply

    Earlier in the year, we reported on the progress of the EU General Product Safety Regulation (GPSR) published in 2021, and the ongoing negotiations between the European Union (EU) institutions to finalise this significant new legislation intended to replace the General Product Safety Directive (Directive 2001/25) (GPSD).

    Disputes
  • article

    EU directive banning pay secrecy will leave inequality with nowhere to hide

    Transparency allows for the detection of discrimination, raises awareness and stimulates debate around why such pay differences exist. Read more here.

    Employment
  • article

    ESAs publish Final Report on draft RTS on the review of PAI and financial product disclosures under SFDR

    On 4 December 2023, the European Supervisory Authorities published their Final Report on draft Regulatory Technical Standards on the review of PAI and financial product disclosures in the SFDR Delegated Regulation.

    Asset Management & Investment Funds
  • article

    Immigration Update: Significant Updates to the Employment Permits System for 2024

    On 20 December 2023, the Minister of State for Business, Employment and Retail announced major changes to the employment permits system which will take effect in January 2024.

    Employment
  • publication

    ALG responds to the Department of Finance’s Second Feedback Statement on Pillar 2

    On 27 July 2023 the Department of Finance published its second feedback statement the draft legislation to implement the OECD’s Pillar 2 Rules.

    Tax
  • publication

    ALG responds to the Department of Finance’s First Feedback Statement on Pillar 2

    On 31 March 2023 the Department of Finance published its first feedback statement the draft legislation to implement the OECD’s Pillar 2 Rules.

    Tax
  • article

    Right to Work: Pay attention or pay the price

    Reducing migration – both legal and illegal - remains a key policy for the government. Unannounced visits designed to stop illegal working increased by 50% in 2023 and 2024 will bring significant increases in civil penalties for employers found to be facilitating illegal working. With the maximum fine tripling to £60,000 per worker, it is crucial that employers familiarise themselves.

  • article

    The CCPC’s Expanding Role in Digital Regulation

    The Competition Consumer Protection Commission has been recently allocated with increased resources and new powers which will enable it to expand its role in regulating the digital economy. Read more here.

    EU, Competition & Procurement
  • article

    Central Bank of Ireland imposes first fine under EMIR Regulations, highlighting the importance of timely data reporting

    The Central Bank of Ireland (CBI) has reprimanded and fined GlobalReach Multi-Strategy ICAV (ICAV), a UCITS ICAV, €192,500 pursuant to the European Union (European Markets Infrastructure) Regulations 2014 (EMIR Regulations).

    Regulatory Risk & Investigations
  • publication

    Key developments and latest trends in fintech – an Irish legal perspective

    In the International Fintech Review 2023/24, our Financial Regulatory Advisory team provide an insight into key developments and latest trends in fintech.

    FinTech