On the International Front: we look at ESMA Q&A on AIFMD; MMF Regulation; EMIR- risk mitigation techniques for uncleared OTC derivative contracts; EuVECA and EuSEF Regulation and AML/CFT developments.
Asset Management & Investment FundsIn Irish practice developments: Some Approaching Deadlines the outcome of CP86; investment via Shenzhen Connect; CBI AIFMD Q&A; CBI UCITS Q&A; CBI Markets update; CBI Directors appointments; CBI AML bulletin; Address by Derville Rowland; CBI themed inspection of risk function; Irish Funds papers on keeping CDD up to date and on SFTR disclosures.
Asset Management & Investment FundsThe Labour Court recently upheld a decision of an Adjudication Officer rejecting a worker's claim that he was discriminated against on the grounds of age when he was forced to retire at age 65
Pensions & IncentivesIn Barry (A Minor) v National Maternity Hospital [2016] IESC 41, Supreme Court, 13 July 2016 the plaintiff brought an action for injuries at birth.
DisputesThe Article 29 Working Party has issued a press release and three sets of guidelines and FAQs on implementation of some key issues under the GDPR.
GDPRThis article examines the concept of "personal data", in light of the recent ruling of the European Court of Justice in Breyer (C-582/14), the Irish Data Protection Commissioner’s Guidance on Pseudonymous and Anonymous Data, and the incoming GDPR.
GDPROn 13 September 2016, Ireland's Competition and Consumer Protection Commission ("CCPC") announced that it had issued: (a) witness summonses; and (b) information requests to various parties in the motor insurance sector in Ireland.
EU, Competition & ProcurementIn BAM Building Ltd v UCD Property Development Co Ltd [2016] IEHC 582 (20 October 2016), the Irish High Court considered whether to stay proceedings pending arbitration in a construction dispute.
DisputesThe Department of Justice and Equality have published a policy document on amending the law relating to the interception of communications.
Privacy & Data SecurityIn Toomey Leasing Group Ltd v Sedgwick & Ors [2016] IECA 280, Court of Appeal, Hogan J, 13 October 2016, the first named respondent (Mr Sedgwick) appealed from a decision of the High Court that he, and the second respondent were personally liable to the applicant in the sum of €48,250 pursuant to Section 297A of the Companies Act 1963.
DisputesOn the Domestic Front: Central Bank publishes Transparency Rules in respect of transparency requirements for issuers of securities admitted to trading on certain markets; Director of Enforcement of the Central Bank of Ireland delivers speech on the Bank's approach to enforcement
Financial RegulationOn the Domestic Front: Loan Origination Qualifying Investor AIFs; Central Bank publish AIFMD Q&A. On the European Front: ESMA publish Q&A on application of AIFMD; ESMA publish Q&A on application of UCITS Directive
Financial Regulation