The Autumn changes to the UK Immigration Rules have finally been announced and will, for the most part, be introduced on 24 November 2016. The official announcement confirms that the changes promised by the Government earlier this year will be applied with only a few variances.
BelfastEU, Irish and UK competition law prohibit price-fixing between competitors in relation to goods and services. This prohibition applies in whatever way such goods or services are sold to customers. In an important restatement on 7 November, the UK antitrust regulator, the Competition and Markets Authority (CMA), announced that it had launched a campaign to alert online sellers of goods and services
EU, Competition & ProcurementOn the Domestic Front: Central Bank of Ireland publish Intermediary Times – Issue 4, Central Bank Act 1942 (Section 32D) Regulations 2016 and associated guidance published. On the European Front: Joint Committee of the European Supervisory Authorities publishes its 2017 Work Programme, European Commission publishes statement on the G7 fundamental elements of cybersecurity in the financial sector,
Financial RegulationOn 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 Funds