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Legal Updates & Insights

  • Article

    Financial Services Regulation and Compliance - Banking and Payments December 2023

    Domestically, the Department of Finance launches National Payments Strategy: Public Consultation. At European level, the ECB publishes results of its SREP for 2023 and sets out SSM supervisory priorities for 2024-2026.

    Finance
  • article

    New Year, New EU

    Tax policy remains a hot topic at EU level and there is a lot on the agenda for 2024. While the elections to the EU Parliament in June of this year may come with a pause in activity, it is likely to be short lived and we expect to see progress on a number of proposals over the coming months.

    Tax
  • article

    Update on the Corporate Sustainability Due Diligence Directive

    As we have noted previously, the European Commission initially proposed a Corporate Sustainability Due Diligence Directive (the Diligence Directive) on 23 February 2022. The proposed directive then spent several months going through the EU’s legislative process.

    Corporate Governance & Compliance
  • article

    England and Wales.: Court of Appeal confirms that courts can order parties to engage in ADR

    In a decision handed down late last year, in  Churchill v Merthyr Tydfil County Borough Council [2023] EWCA Civ 1416, the Court of Appeal of England and Wales (the Court) has held that courts can order parties to engage in alternative dispute resolution (ADR)

    Disputes
  • Article

    ALG advised Irish non-life insurer Zurich Insurance plc on its ground-breaking Cross-Border Conversion into a BaFin authorised German Stock Corporation.

    This transaction was the first outbound Cross-Border Conversion of an Irish company and the first Cross-Border Conversion of a regulated insurance company anywhere in Europe. It was also the first Cross-Border Conversion application to come before the Irish Courts.

    Insurance & Reinsurance
  • article

    Five key pensions developments to look out for in 2024

    ALG's Pensions team examine some of the key pensions developments to watch out for in 2024 including a summary of some important pensions cases before the High Court and more. Read here

    Pensions & Incentives
  • article

    FDI screening in Ireland in 2024 – what factors will businesses need to consider if a transaction is screened in Ireland?

    The number of Foreign Direct Investment screening regimes is increasing across the EU. Read more here

    EU, Competition & Procurement
  • article

    UK set to join the Hague Judgments Convention

    As discussed in our previous article in September 2023, late last year, the UK government launched a two-month consultation on whether the UK should join the Hague Judgments Convention 2019 (HJC). This consultation closed on 9 February 2023, with the outcome following on 23 November 2023 that the UK looks set to join the HJC “as soon as practicable”[1].

    Disputes
  • article

    General Product Safety Regulation is in force: less than one year to go until EU’s new Product Safety rules apply

    Earlier in the year, we reported on the progress of the EU General Product Safety Regulation (GPSR) published in 2021, and the ongoing negotiations between the European Union (EU) institutions to finalise this significant new legislation intended to replace the General Product Safety Directive (Directive 2001/25) (GPSD).

    Disputes
  • article

    EU directive banning pay secrecy will leave inequality with nowhere to hide

    Transparency allows for the detection of discrimination, raises awareness and stimulates debate around why such pay differences exist. Read more here.

    Employment
  • article

    ESAs publish Final Report on draft RTS on the review of PAI and financial product disclosures under SFDR

    On 4 December 2023, the European Supervisory Authorities published their Final Report on draft Regulatory Technical Standards on the review of PAI and financial product disclosures in the SFDR Delegated Regulation.

    Asset Management & Investment Funds
  • article

    Immigration Update: Significant Updates to the Employment Permits System for 2024

    On 20 December 2023, the Minister of State for Business, Employment and Retail announced major changes to the employment permits system which will take effect in January 2024.

    Employment