Legal Updates & Insights: P2544 -A&L Goodbody LLP

Legal Updates & Insights

  • Article

    Ireland updates its Betting Laws

    The Irish President has signed into law the Betting (Amendment) Act, 2015 (the "Act"). This new legislation will update and extend the regulatory regime in Ireland in relation to bookmakers licences, as provided for in the Betting Act 1931, to include all remote betting operators who are accepting (or in the case of betting exchanges, facilitating), bets from Irish customers.

    Betting, Gaming & Licensing
  • Article

    No absolute duty on the employer in relation to the safety of work equipment

    In Thompson v Dublin Bus and Another [2015] IESC 22, Dublin Bus appealed from the decision of the High Court (de Valera J., 4 June 2010) that there was a statutory duty on their part in respect of the safety of equipment provided for the use of its employees which had not been discharged.

    Employment
  • Article

    A reminder of the rule against penalty clauses

    In the recent English case of Edgeworth Capital (Luxembourg) S.A.R.L. and another v Ramblas Investments B.V.[2015] EWHC 150, the UK High Court held that the rule against penalties did not apply to a fee payable for the provision of financing, because the fee was payable in various circumstances, not just in the event of a breach.

    Disputes
  • Article

    Eleventh UK corporate manslaughter conviction

    A UK building firm, Peter Mason Ltd, has become the eleventh company to be convicted for corporate manslaughter.

    Disputes
  • Article

    Opportunities, Advantages and Practical Considerations of the ICAV (09 March 2015)

    The Irish Collective Asset-management Vehicles Act 2015 (the ICAV Act) was signed into law on 4 March 2015. The ICAV Act allows for the establishment of a new Irish corporate investment fund structure (the ICAV) that is tailored to the needs of the global funds industry.

    Asset Management & Investment Funds
  • Article

    Opportunities, Advantages and Practical Considerations of the ICAV

    The Irish Collective Asset-management Vehicles Act 2015 (the ICAV Act) was signed into law on 4 March 2015.

    Finance
  • Article

    Tracker, Financial Services Regulation & Compliance - Insurance

    CBI publishes its economic letter on mortgage insurance; Intermediary Times, PII Reminder; Solvency II, Commission Delegated Regulation comes into force; EIOPA, first set of Solvency II guidelines; New EIOPA workstream - infrastructure investments by insurers; EIOPA - conflicts of interest in insurance-based investment product sales; IAIS policy on meeting attendance...

    Finance
  • Article

    Innovative approach, successful engagement with China

    Marie O'Brien, Partner and Head of A&L Goodbody's Chinese Lawyer's Programme looks at the growth of the Firm's Chinese Lawyers Programme and it's successful engagement with China. This article was first published in the March issue of the Ireland China Journal.

    Investing in Ireland
  • Article

    The Front Page, Asset Management & Investment Funds: Irish Practice Developments

    On the Domestic Front, we look at Deadlines, CB AIFMD Q&A, Companies Act 2014 and Annual PCF confirmation return.

    Asset Management & Investment Funds
  • Article

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

    On the International Front, we look at the MMF Regulation, the Fourth Anti Money Laundering Directive and the Wire Transfer Regulation, the ELTIF Regulation, the EuSEF and EuVECA Regulations, the Benchmark Regulation, an IOSCO report on Financial Benchmarks, the SFT Regulation, Best execution under MiFID, EMIR and the new market abuse regime under MAR.

    Asset Management & Investment Funds
  • article

    The Front Page, Asset Management & Investment Funds: Irish Practice Developments

    On the Domestic Front, we look at deadlines, the ICAV, Central Bank programme of themed inspections and enforcement priorities, Central Bank report on Anti-Money Laundering/Countering the Financing of Terrorism and Financial Sanctions Compliance in the Irish Banking Sector as well as the Central Bank appointment of Gerry Cross to the role of Director, Policy and Risk.

    Asset Management & Investment Funds
  • Article

    Central Bank Report on Anti-Money Laundering/Countering the Financing of Terrorism and Financial Sanctions Compliance in the Irish Banking Sector

    Given that Banks use systems to facilitate the management and monitoring of ML/TF risks and Financial Sanctions, it is important that these systems are operating correctly and effectively.

    Financial Regulation