In Delaney v AIB [2016] IECA 5, Court of Appeal, Peart J, 28 January 2016 the Court of Appeal held that a bank had no duty of care to advise customers on the wisdom of a commercial transaction.
FinanceSpeaking at the recent Waste Management Ireland Conference, Alison Fanagan, joint head of the environment and planning group at A&L Goodbody, addressed four issues.
Environmental & PlanningThe Court of Appeal recently dismissed a judicial review application against the Secretary of State for the Home Department's (SSHD) decision to revoke and subsequently maintain the revocation of the appellant's Tier 2 Sponsor License. The Secretary of State's decision to terminate the license was predicated on the appellant's numerous failings in its obligation to comply with UK Visa...
BelfastThe European Commission has published its draft e-Privacy Regulation which, if adopted, will replace the existing e-Privacy Directive.
GDPRA&L Goodbody's EU & Competition team has produced this report which encompasses Brexit Developments since June 2016.
BrexitA&L Goodbody's EU & Competition team provides you with a comprehensive report on Competition, Merger Control, Public Procurement and State Aid Developments in 2016.
EU, Competition & ProcurementOn the Domestic Front: Central Bank publishes Markets Update - Issue 1 2017; Irish Stock Exchange publishes review of 2016 showing that the ISE now ranks #1 for investment fund issuers and #2 for listing bonds worldwide. On the EU Front: ESMA issues Opinion on the impact of the exclusion of fund management companies from the scope of the MiFIR Intervention Powers; ESMA publishes briefing on MiFID
Financial RegulationOn the Domestic Front: Central Bank publishes updated Fitness and Probity FAQs; Central Bank publishes Monetary Policy Instruments and Procedures Supplement
Financial RegulationOn the Domestic Front: Supreme Court find that investment via an insurance bond is not an insurance contract; The Civil Liability (Amendment) Bill 2017 paves way for periodic payment orders. On the EU Front: EU and US bilateral (re)insurance agreement concluded; Insurance Europe expresses concern regarding proposed European Services e-card.
Financial RegulationOn the Domestic Front: Banking and Payments Federation Ireland publish monthly newsletter; Central Bank publishes updated explanatory note on the AnaCredit Regulation regarding high-level requirements and scope. On the EU Front: European Banking Federation publishes revised European Interbank Compensation Guidelines 2017; European Banking Authority updates Single Rulebook Q&A
FinanceA&L Goodbody has become the first Irish law firm to successfully obtain approval of an Irish UCITS sub-fund to trade in China A Shares via both the Shanghai-Hong Kong Stock Connect and Shenzhen–Hong Kong Stock Connect platforms.
Asset Management & Investment FundsOn 30 January 2017, ESMA published its long awaited opinion on the use of share classes in a UCITS investment fund in response to the ESMA Discussion Paper on Share Classes of UCITS (the Opinion). T
Asset Management & Investment Funds
