Legal Updates & Insights

Jan 2021

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Domestically, CBI Deputy Governor Ed Sibley delivered an address to members of the Oireachtas in which he outlined several key areas of the focus for the CBI; At European level,...

Jan 2021

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Domestically, the CBI updated its Q&A on the payment of distributions and variable remuneration by MiFID investment firms during the COVID-19 pandemic and launched a consultation on proposed enhancements...

Jan 2021

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Domestically, the CBI issued a statement regarding the recent decision by the EBA to reactivate guidelines on payment moratoria; At European level, the EBA published finalised guidelines on fraud reporting...

Jan 2021

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The European Union (EU) and the United Kingdom (UK) have agreed a Trade and Cooperation Agreement which took effect from 1 January 2021. 

Jan 2021

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On 24 December 2020, the EU and UK reached a consensus on the Trade and Cooperation Agreement (the Agreement).

Jan 2021

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The Irish courts recognise that litigation privilege can apply where the dominant purpose for the creation of a document was a regulatory or criminal investigation.

Dec 2020

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On 19 October 2020, the High Court refused an application seeking leave to issue proceedings against IBRC, brought pursuant to section 6 of the Irish Bank Resolution Corporation Act 2013.

Dec 2020

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Changes to the Market Abuse Regulation (MAR) are coming into effect on 1 January 2021. These changes are a result of the Regulation on SME Growth Markets (the Regulation), which came into...

Dec 2020

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On 10 November 2020, the High Court overturned a decision of the Financial Services and Pensions Ombudsman (the FSPO) following an appeal brought by an insurance provider, Utmost Paneurope DAC (Utmost), under...

Dec 2020

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The Irish Government has announced that it has established a new Government Office to promote competition in the insurance market in Ireland.  It is entitled the "Office to Promote Competition...