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ArticleFSPO Digest of Decisions Volume 3 – February 2020 Briefing
The Financial Services and Pensions Ombudsman (FSPO) last week published 25 Legally Binding Decisions, which were issued between January 2019 and January 2020 regarding tracker mortgage interest rates. In short, of the 25 complaints...
Disputes -
ArticleIt’s in the bag: Irish competition agency closes investigation in the bagged cement sector
On 28 February 2020, Ireland's Competition and Consumer Protection Commission (CCPC) announced that it had closed its investigation into alleged anti-competitive practices in the "bagged cement sector".
EU, Competition & Procurement -
Article
Asset Management & Investment Funds: EU & International Developments: Feb 2020
ESMA on Sustainable Finance, ESMA TRV report, SFTR reporting obligations for non-EU AIFs,consultation on third country firms, AIFMD MoUs, ESRB issues with the AIFMD framework, ESMA's product intervention powers,...
Asset Management & Investment Funds -
Article
Asset Management & Investment Funds: Irish Practice Developments: Feb 2020
Liquidity, CBI review of PRISM, Property Funds, CBI Review of Stakeholder Engagement and Key frameworks, Diversity, Market Conduct and Market Abuse and CBI Markets Update.
Asset Management & Investment Funds -
Article
Asset Management & Investment Funds Q&A: Feb 2020
What's relevant in 2020 in ESG legislation and policy for UCITS managers and AIFMs?
Asset Management & Investment Funds -
ArticleBetting Duty Regulations update
The Irish Revenue Commissioners have published the Betting Duty and Betting Intermediary Duty (Amendment) Regulations 2020 (the Regulations), offering relief to small independent bookmakers from the 2% betting duty levied on every...
Betting, Gaming & Licensing -
ArticleCompanies must have legal representation in court
The 'Rule in Battle' (the Rule) states that corporate entities may be represented only by lawyers who have a formal right of audience in court proceedings and not by non-lawyer...
Disputes -
ArticleClaim of absolute privilege insufficient to justify strike out of defamation claim
In Malone v Fenlon & Ors [2019] IEHC 934, the High Court found that a plea of absolute privilege as a defence to a claim in defamation was insufficiently clearly made out to...
Disputes -
Article€6.7m EU fine on Meliá Hotels for carving up markets
On 21 February 2020, the European Commission imposed a fine of €6,678,000 on the Spanish hotel group Meliá for its contracts with four tour operators which discriminated between customers within the EU's internal...
EU, Competition & Procurement -
ArticleEmployee inventions: When are employers liable to pay compensation to employee innovators?
In this three part series we review wider considerations for employers which, whilst falling outside the ambit of routine employment law issues, are worth noting. This article addresses inventions created...
Belfast -
ArticleDear CEO letter on Securities Markets Conduct Risk
The Central Bank issued a Dear CEO letter on Securities Markets Conduct Risk which addresses the findings from its wholesale market conduct supervisory work in 2019. The letter notes areas for...
Financial Regulation -
ArticleOverview of internet intermediary and media law cases for Northern Ireland in 2019: Part 2
In Part 1, we looked at judgments from the Crown Court and High Court in Northern Ireland dealing with a source disclosure order and an interim application concerning Facebook. In Part 2,...
Disputes