In Governey v Financial Services Ombudsman [2016] IESC 78, Supreme Court, 21 December 2016 the Supreme Court considered whether an investment, made by Mr Governey in 2006 in "the Kennet Centre Geared Property Fund" (the Fund) was in fact an insurance contract.
DisputesThe Central Bank of Ireland (Central Bank) issued its guidance for fund management companies on managerial functions, operational issues and procedural matters which includes new rules for fund management companies on an effective supervision requirement and on the retrievability of records.
Asset Management & Investment FundsThe EU conducts regular surveys of attitudes among the 500 million people across the Union. This is the so-called Standard Eurobarometer poll.
BrexitOn the Domestic Front: Central Bank publishes results of its themed review of risk function; Central Bank publishes Report on Mortgage Arrears
Financial RegulationOn the Domestic Front: Irish domiciled Investment Managers can apply to invest directly in Chinese securities. On the EU Front: ESMA publishes an updated Q&A on the application of the Alternative Investment Fund Managers Directive; ESMA updates MiFID II and MiFIR Q&A on investor protection
Financial RegulationOn the Domestic Front: Central Bank publishes Guidance on Fund Management Company Effectiveness, Feedback Statement and Updated Q&As; Central Bank publishes the 22nd edition of the AIFMD Q&A; Central Bank publishes the 15th edition of the UCITS Q&A. On the EU Front: ESMA publishes an updated Q&A on the application of the AIFMD.
Financial RegulationOn the Domestic Front: Central Bank publishes Guidelines on the Corporate Compliance Code Compliance Statement; Central Bank publishes Frequently Asked Questions on corporate governance requirements for credit institutions.
FinanceOn the Domestic Front: Central Bank publishes policy note on the submission of information under Solvency II; CBI publishes "Dear CEO" letter on Solvency Capital Requirement; Insurance Ireland and DIMA propose merger. On the EU Front: Insurance Block Exemption Regulation will expire on 31 March 2017; EIOPA publishes guidelines for supervisor/auditor dialogue.
Financial RegulationIn this short video, Duncan Inverarity, Head of Employment, reflects on what A&L Goodbody's Employment team consider to be the key areas of Employment law that will impact business throughout 2017. Duncan also provides a brief overview of the most influential activity in the employment space in Ireland in 2016.
EmploymentIn two recent High Court decisions concerning the restriction of directors, the Court considered circumstances where directors continued to trade after their respective companies had gotten into difficulties.
DisputesCP86 Transition
Asset Management & Investment FundsOn 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 Funds
