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ArticleCOVID-19: Range of banking measures announced due to the pandemic
Following engagement with Ireland's five retail banks, the Minister for Finance Paschal Donohoe TD has announced a range of measures designed to provide support for bank customers affected by the...
COVID-19 -
Article
COVID-19: Emergency legislation in unprecedented times
On St Patrick's Day night, the Irish Government published emergency legislation in response to the evolving Covid-19 crisis.
Employment, Pensions & Incentives -
ArticleCOVID-19 and the Force Majeure Clause in the UK and Ireland
For many businesses contending with the ongoing COVID-19 pandemic, a key consideration will be seeking to suspend or be excused from contractual obligations.
Commercial Contracts -
ArticleCOVID-19: Governance, contingency planning and risk
Our Asset Management and Investment Funds team look at practical and other issues for regulated investment funds and regulated financial service providers (RFSPs) established in Ireland during this period of...
Asset Management & Investment Funds -
Article
COVID-19: EIOPA Statement - Mitigating impact on the EU insurance sector
On 17 March 2020, the European Insurance and Occupational Pensions Authority (EIOPA) published a statement on actions to mitigate the impact of COVID-19 on the EU insurance sector. EIOPA has been monitoring...
Insurance & Reinsurance -
Article
Northern Ireland guidance for contracting authorities using procurement in response to COVID-19
The Cabinet Office has published a Procurement Policy Note for contracting authorities responding to the COVID-19 outbreak. This note highlights how contracting authorities can utilise existing provisions of the Public...
COVID-19 Belfast -
ArticleCOVID-19: Central Bank releases capital buffer
The Central Bank announced on 18 March 2020 that it is effectively releasing the counter cyclical capital buffer that banks which are prudentially regulated by the Central Bank are required to hold.
COVID-19 -
ArticleNorthern Ireland companies can seek State Aid during the COVID-19 outbreak
Recent news reports have detailed the difficulties many companies are experiencing in response to the COVID-19 outbreak. Whilst the NI Finance Minister and the Chancellor have promised a raft of...
COVID-19 Belfast -
ArticleCOVID-19: Top 10 Employer FAQs
COVID-19 is presenting unique and unprecedented challenges for employers who have to grapple with often complex HR and data protection related issues in a rapidly escalating crisis. Employers are anxious...
COVID-19 -
Article
COVID-19: ESMA requires net short position holders to report positions of 0.1% and above
ESMA issued a decision temporarily requiring the holders of net short positions in shares traded on an EU regulated market to report positions of 0.1% and above. Net short positions holders...
Asset Management & Investment Funds -
Article
State Aid will be a feature of the response to the COVID-19 crisis so the European Commission adopts “it will do whatever it takes” approach
Some businesses in Ireland, the UK and various European Union member states may require State Aid and State support to deal with the current crisis.
COVID-19 -
ArticleCOVID-19 and State Aid. Coronavirus: European Commission Upholds Danish State Aid Scheme for Cancellations
On 13 March 2020, the European Commission found as being compatible with EU state law a €12m/DKK 91m scheme operated by Denmark to compensate organisers of events for loss or damage...
COVID-19