On the Domestic Front: Irish Stock Exchange welcomes announcement to review stamp duty on share transactions. On the EU Front: ESMA publishes 2017 Work Programme, ESMA publishes a number of MiFID II Consultations, The European Fund and Asset Management Association publishes report on responsible investment.
Financial RegulationOn the Domestic Front: End of transition period for Central Bank UCITS Regulations. On the EU Front: ESMA Q&A on application of AIFMD, ESMA Q&A on application of UCITS Directive, Chair of ESMA delivers statement on the AIFMD passport.
Financial RegulationOn the Domestic Front: Launch of nationwide Mortgage Arrears Resolution Service, and Ireland offered as the new location for the European Banking Authority.
Financial RegulationOn the Domestic Front: Survey of Irish Insurance CEOs highlights important trends for the industry, CBI publishes Guidance for (Re)insurance Undertakings on Head of Actuarial Function Role, Cyril Roux, Deputy Governor for Financial Regulation of the Central Bank of Ireland addresses the Committee on Finance, Public Expenditure and Reform
Financial RegulationOn 19 October 2016, the CJEU ruled, in Breyer v Bundesrepublik Deutschland (Case C-582/14) that dynamic IP addresses may constitute "personal data" under the Data Protection Directive, where a website operator has the legal means of identifying the visitor by use of additional information held about him/her by the ISP.
Privacy & Data SecurityThe Workplace Relations Commission has ordered the re- engagement of an employee for a six month period and the employer pay the employee €15K for the effects of the discrimination.
Pensions & IncentivesThe Front Page: Some Approaching Deadlines
Asset Management & Investment FundsESMA Q&A on application of AIFMD
Asset Management & Investment FundsWe are delighted with readers' response to our new Question of the month in the Front Page. Thank you. We invite readers to send topical questions which would be of general interest to readers to A&L Goodbody Investment Funds. Each month we choose a question and publish the question and answer. We look forward to hearing from you.
Asset Management & Investment FundsThe Court of Justice of the European Union (CJEU) has handed down its decision following a request for a preliminary ruling from the Danish Supreme Court. In Finn Frogne A/S v Rigspolitiet ved Center for Beredskabskommunikation (C 549/14), the CJEU held that the terms of a settlement agreement can constitute an illegal modification to a public contract which therefore would require a new tendering
EU, Competition & ProcurementIn the first award under the Protected Disclosures Act 2014, a care assistant has been awarded €17,500 after making what the Labour Court determined was a 'protected disclosure' to both her employer and HIQA in relation to the alleged abuse of patients in Aras Chois Fharriage nursing home. The Labour Court, on appeal, concluded that the employee was penalised when she was placed on paid suspension
Pensions & IncentivesHPRA regularly carries out announced and unannounced inspections (Dawn Raids) and audits to establish and monitor industry’s compliance with relevant legislation and guidelines. This note highlights the key inspection and enforcement powers available to HPRA.
Hospitals & Healthcare
