Legal Updates & Insights: P2460 -A&L Goodbody LLP

Legal Updates & Insights

  • Article

    Tracker, Financial Services Regulation & Compliance - Investment Firms

    CBI has issued a notice for users of Derivatives in Ireland; ISE publishes its review of 2014; ESMA to cooperate with Hong Kong SFC on CCPs; ESMA publishes an opinion on draft RTS on the clearing obligation for interest rate swaps.

    Finance
  • Article

    Tracker, Financial Services Regulation & Compliance - Banking

    Reminder - revised Corporate Governance Code; Department of Finance: Dataset on mortgage arrears and restructures; CBI: new regulations on residential mortgage lending and publishes passporting notification forms for credit institutions

    Finance
  • Article

    Tracker, Financial Services Regulation & Compliance - Insurance

    Reminder - revised Corporate Governance Code; Solvency II – Commission Delegated Regulation comes into force; EIOPA Solvency II publications and update on Solvency II reporting formats; ECB Regulation; EIOPA updates regarding use of LEIs and updates risk dashboard; Focus on private motor insurance market in the UK; UK FOS - latest edition of Ombudsman News...

    Finance
  • Article

    Summary Judgment refused and full hearing ordered in enforcement of loan facility arrangement

    This case concerned an application for summary judgment against two of the defendants.

    Finance
  • Article

    Insurance Companies Offering Tracking Devices to Face Audits

    Speaking at the 8th National Data Protection Conference, on 28 January 2016, the Data Protection Commissioner (the DPC) warned that in 2016 her office intends to audit insurance companies offering telematics boxes to assess their compliance with data protection legislation.

    Privacy & Data Security
  • Article

    Irish High Court Refuses to Set Aside Arbitral Award

    In Patrick O'Leary Trading as O'Leary Lissarda v John Ryan [2015] IEHC 820 the Irish High Court considered an application for an order pursuant to Articles 34(2)(a)(ii) and (iii) of the UNCITRAL Model Law to set aside an arbitral award.

    Disputes
  • Article

    Court Orders Financial Services Ombudsman to Hold an Oral Hearing

    In O'Shea v The Financial Services Ombudsman [2016] IEHC 6, Mr O'Shea complained of the failure of the Financial Services Ombudsman (the "FSO") to hold an oral hearing into his complaint that his home insurance company had unfairly rejected two claims.

    Disputes
  • Article

    The Front Page, Asset Management & Investment Funds: EU & International Developments

    On the International Front, we look at the ESMA discussion paper on UCITS share classes, ESMA Q&A on ETFs and other UCITS issues, ESMA Q&A on the Application of the AIFMD, AIFMD reporting by NCAs to ESMA, MMF Regulation, Benchmark Regulation, Fourth Anti Money Laundering Directive and Wire Transfer Regulation, Risk Mitigation standards for non-centrally cleared OTC derivatives, ESMA advice and opi

    Asset Management & Investment Funds
  • Article

    Letters of Demand - Standard of proof to demonstrate that a demand letter was issued

    Declan McDonald v Thomas Michael Hill [2014] IEHC 629 In a recent judgment of Mr. Justice Binchy, an issue arose surrounding the standards of proof that a bank must demonstrate to prove that a letter of demand was sent to a mortgagee prior to the appointment of a receiver.

    Financial Regulation
  • Article

    Reckless lending claim dismissed by the High Court

    The High Court in Harrold V Nua Mortgages Limited [2015] IEHC 15 has again made clear that there is no tort of reckless lending in this jurisdiction and that it is not prepared to entertain 'fanciful' arguments by borrowers seeking to repudiate their loans.

    Disputes
  • Article

    Update on Shared Parental Leave in Northern Ireland

    The Work and Families (Northern Ireland) Act 2015 ("WFA") will come into full legal effect in Northern Ireland in early April 2015, having received Royal Assent earlier this month.

    Belfast
  • Article

    Terms and conditions on delivery dockets not incorporated into contract by reference

    The Supreme Court has dismissed an appeal by Irish Asphalt in Noreside Construction Ltd v Irish Asphalt [2014] IESC 68.

    Commercial Contracts