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Legal Updates & Insights

  • Article

    Financial Services Regulation and Compliance - Investment Firms Jul 2021

    Domestically, the CBI published its findings following its industry review of MAR compliance and issued three Dear CEO letters; At European level, the EBA issued an opinion on the implementation of the IFD/IFR and published its final draft technical standards to improve supervisory cooperation for investment firms.

    Asset Management & Investment Funds
  • Article

    Financial Services Regulation and Compliance - Banking Jul 2021

    Domestically, Deputy Governor of the CBI, Sharon Donnery gave a speech in relation to the levels of public debt in post-pandemic environment; At European level, the EBA launched a consultation on limited network requirements under PSD2, consulted on technical standards on risk retention requirements under the Securitisation Regulation

    Finance
  • Article

    Sellers: Don’t force resellers to sell at a minimum price or a particular price. The Coach House Case

    The general rule is that resellers may charge whatever price they want when they resell goods which they have bought – in other words, the supplier may not tell the reseller the price at which goods are to be resold.

    EU, Competition & Procurement
  • article

    Irish CCPC clears acquisition subject to a duty to brief, and even notify, the CCPC of future “below-threshold” deals

    Ireland's Competition and Consumer Protection Commission (CCPC) has cleared an acquisition of six companies in the nursing home sector subject to commitments by the buyer.

    EU, Competition & Procurement
  • Guidance on uncertain costs in public construction contracts
    Article

    Guidance on uncertain costs in public construction contracts

    Due to the COVID-19 pandemic, many nations adopted strict lockdown measures which led multiple businesses to temporarily close until they could continue to operate safely.

    COVID-19 Belfast
  • audio

    European Directive and Regulation on cross-border distribution of funds (CBDF) –  key changes?

    An Amending Directive and Regulation on cross-border distribution of funds came into force on 20 June 2019. Directive 2019/1160, which amends relevant provisions of the UCITS Directive and AIFMD, is due to be transposed by 2 August 2021. T

    Asset Management & Investment Funds
  • Article

    Asset Management & Investment Funds: EU & International Developments - Jul 2021

    PRIIPs/ SFDR RTS delay/ SFDR Q&A/ Sustainable Finance/ EUGBS/ Taxonomy/ Performance Fees/ Sanctions/ Shadow banking/ AML/ CFT

    Asset Management & Investment Funds
  • 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