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Legal Updates & Insights

  • Article

    Asset Management & Investment Funds: Irish Practice Developments - Jul 2021

    SEAR / MiFID II top ups / Market Abuse/ Beneficial Ownership

    Asset Management & Investment Funds
  • article

    SEAR and individual accountability: General Scheme published

    The Department of Finance announced today details on the long-awaited Individual Accountability Framework (the IAF) including the Senior Executive Accountability Regime (SEAR).

    Financial Regulation
  • publication

    Irish Habitats Regulations / derogation license process referred to European Court

    In our latest publication, we discuss the Irish High Court's recent decision to refer four questions of law to the Court of Justice of the European Union. These questions relate to the process for obtaining a derogations licence under the Irish Birds and Natural Habitats Regulations 2011, which transpose the EU Habitats Directive in Ireland.

    Environmental & Planning
  • article

    Differential pricing: More change on the way for the insurance industry

    Central Bank of Ireland's proposals for amendments to the Consumer Protection Code 2012

    Insurance & Reinsurance
  • publication

    Right to work checks and key changes

    The 1 July 2021 marked the end of the six month post-Brexit ‘grace period’.

    Employment & Incentives Belfast
  • publication

    Central Bank fires warning shots on market abuse

    On 12 July, the Central Bank of Ireland (Central Bank) published a series of findings and Dear CEO letters on compliance with the Market Abuse Regulation (MAR).

    Corporate & M&A
  • publication

    New Regulations on beneficial ownership of express trusts

    The European Union (Anti-Money Laundering: Beneficial Ownership of Trusts) Regulations 2021 came into operation on 24 April 2021.

    Financial Regulation
  • article

    M&A: €7.5m fine for providing misleading/incorrect information during EU merger control procedure

    Vincent Power analyses the European Commission Sigma-Aldrich case when a fine was imposed for providing misleading information to the Commission.

    EU, Competition & Procurement
  • article

    What businesses involved in the supply and servicing of credit need to know about upcoming legal requirements

    The Consumer Protection (Regulation of Retail Credit and Credit Servicing Firms) Bill 2021 (the Bill) will affect credit servicing firms, hire-purchase and consumer-hire businesses and other indirect credit providers.

    Finance
  • article

    CJEU confirms limited derogations from the GDPR’s one-stop-shop mechanism

    The Court of Justice of the European Union (CJEU) has confirmed the limited competence of a national supervisory authority, that is not the lead supervisory authority (LSA), to bring legal proceedings in their national courts for alleged infringements of the GDPR.

    Commercial & Technology
  • article

    DPC publishes Guidelines on collection of vaccination data of employees

    The Data Protection Commission (DPC) has published guidelines addressing the issue of what information employers can process in relation to their employees' return to the workplace.

    Commercial & Technology
  • article

    G20 agreement on Pillars 1 and 2

    On 10 July 2021, the G20 endorsed that broad framework for Pillars 1 and 2 and the ambitious timetable for bringing the new rules into force in 2023.

    Tax