The Automatic Enrolment Retirement Savings Act 2024 is predicted to result in approximately 800,000 employees who don’t currently have a pension arrangement saving towards their retirement.
Pensions & IncentivesThe European Union’s Artificial Intelligence Act entered into force on 1 August 2024 and will become effective in phases over the next 24 to 36 months.
Insurance & ReinsuranceOn 5 July 2024, the EBA published a document setting out its supervisory priorities for issuers of ARTs and EMTs that are subject to the regulatory framework for ARTs and EMTs under Titles III and IV of MiCAR.
Financial Regulation AdvisoryThe long running case of Angela Kerins v Dáil Éireann, Ireland and the Attorney General has resulted in a third Supreme Court judgment ([2024] IESC 24) (Kerins 3) concerning the conduct of an investigation by the Public Accounts Committee of Dáil Éireann (the PAC).
DisputesThe Work Life Balance and Miscellaneous Provisions Act 2023 was enacted in April 2023 and provides employees with a right to request remote work.
EmploymentOn 24 July 2024, the Minister for Equality, Roderic O'Gorman, announced that the Government has given approval to the drafting of the Maternity Protection (Amendment) and Miscellaneous Provisions Bill 2024.
EmploymentGerry Cross, Director of Financial Regulation in the Central Bank of Ireland, provides an update on the timing for delivering the new regulatory framework under DORA.
DORAThe EBA Single Rulebook for DORA has been updated with a new question and answer relating to the applicability of DORA to EU branches of credit institutions that are headquartered outside of the EU (referred to as ‘third-country branches’).
DORALMTs, UK’s Overseas Funds Regime, T+1, cross-border investment activity of firms, AML/CFT/FS.
Asset Management & Investment FundsDeadlines, F&P report, CBI authorisations and gatekeeping report, macroprudential policy for investment funds, IAF Q&As, CBI speeches.
Asset Management & Investment FundsOn 17 July 2024, the Planning and Development Bill 2023 (the Bill) passed Committee Stage in the Seanad.
Environmental & PlanningIreland has established a new statutory body which will examine the structure of the agricultural and food products supply chain and consider the potential impact of bargaining power and economic imbalances between suppliers and buyers.
ESG & Sustainability