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Legal Updates & Insights

  • Article

    Tracker, Financial Services Regulation & Compliance - Investment Firms

    On the Domestic Front: Irish Funds publishes submission to the European Securities and Markets Authority in response to the Discussion Paper on the Distributed Ledger Technology applied to Securities Markets, European Union (Central Securities Depositories) Regulations 2016 enter into force, Irish Funds publishes response to the Department of Finance Public Consultation on MiFID II.

    Financial Regulation
  • Article

    Tracker, Financial Services Regulation & Compliance - Funds

    On the Domestic Front: Central Bank of Ireland Deadlines for Pre-Christmas/Year-End Applications, Central Bank of Ireland Markets Update. On the EU Front: Responses to ESMA call for evidence on asset segregation and custody services under AIFMD and UCITS V, Regulation amending EuVECA Regulation and EuSEF Regulation.

    Financial Regulation
  • Article

    Tracker, Financial Services Regulation & Compliance - Banking

    On the Domestic Front: European Union (Payment Accounts) Regulations 2016 enter into force, Central Bank of Ireland adopts five sets of Regulations under Credit Reporting Act 2013, Department of Finance publishes its submission to the Central Bank of Ireland on its review of macro prudential residential mortgage lending measures.

    Financial Regulation
  • Article

    Tracker, Financial Services Regulation & Compliance - Insurance

    On the Domestic Front: Central Bank of Ireland launches informal consultation on Solvency II SPVs, Competition and Consumer Protection Commission investigation relating to motor insurance, Central Bank of Ireland publishes Insurance Statistics for the year ended 31st December 2015.

    Financial Regulation
  • Article

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

    On the International Front we look at Responses to ESMA call for evidence on asset segregation and custody services under AIFMD and UCITS V; European Commission overview of level 2 financial services measures; PRIIPs; European Commission Q&As on financial services legislation...

    Asset Management & Investment Funds
  • Article

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

    In Irish practice developments, we look at some approaching deadlines; Central Bank Deadlines for Pre-Christmas/Year-End Applications; Central Bank Markets Update; Central Bank guidance on IT risk management and cybersecurity for financial firms; Central Bank Director of Policy & Risk...

    Asset Management & Investment Funds
  • Article

    The Front Page - Q&A: Sep 2016

    We 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 Funds
  • Article

    The Front Page, Asset Management & Investment Funds: Central Bank Deadlines for Pre-Christmas/Year-End Applications

    The Central Bank of Ireland (Central Bank) has issued details of its deadlines for receipt of applications.

    Asset Management & Investment Funds
  • Article

    Central Bank Publishes New Cross Industry Guidance on IT and Cyber Security Risks

    On 13 September 2016, the Central Bank of Ireland (the CBI) published new guidance on IT risk management and cybersecurity for financial service firms.

    Technology
  • Article

    Free Wifi Providers Not Liable For Users’ Copyright Infringements

    The CJEU has confirmed the AG's Opinion, in McFadden v Sony Music Entertainment Germany (C-484/14), that operators of a free Wi-Fi service, who offer that service to the public, are not liable for copyright infringements committed by users of that network. However, such an operator may be required to password-protect its network in order to bring an end to, or prevent, such infringements.

    Technology
  • Article

    And the whistle is finally blown… First order for interim relief under the Protected Disclosures Act 2014

    Two employees of Lifeline Ambulance Service were dismissed by reason of redundancy in June, 2016. Recently, they secured an interim Order from the Circuit Court (the "Court") directing their continued payment of salary pending the outcome of their respective claims for unfair dismissal before the Workplace Relations Commission (the "WRC").

    Employment
  • Article

    High Court refuses oral hearing of complaint to the Data Protection Commissioner

    In Martin v Data Protection Commissioner [2016] IEHC 479, Mr Martin sought to challenge the Data Protection Commissioner’s (DPC) refusal to investigate disputed facts of his data protection complaint via an oral hearing.

    Technology