In domestic news, the CBI has published two "Dear CEO" letters on the withdrawal of retail banks from the Irish market, Derville Rowland delivered remarks at the Institute of Banking/Compliance Institute seminar and Sharon Donnery delivered the opening statement at the Central Bank Conference. At European level, the EBA published its views on the macroprudential framework and proposed amendments
FinanceIn domestic news, the CBI has responded to Pearse Doherty, T.D. on Business Interruption Insurance. In European news, EIOPA published monthly technical information on the RFR, its opinion on insurer disclosure of individual stress test results, its fourth report on costs and past performance of insurance and pension products,
Financial RegulationDid you know that your business could well have a "vertical agreement"? Indeed, your business could be entirely dependent on so-called "vertical agreements".
EU, Competition & ProcurementIn our recent article, we discussed some of the key points of potential contention between boards and shareholders. As a follow-up, we have prepared a case study to demonstrate some of the questions a board may face when a significant increase in directors' remuneration is proposed at an annual general meeting (AGM).
Corporate & M&AIt has been reported in Irish media that on 28 April 2022, the Central Bank of Ireland (CBI) lodged High Court proceedings to confirm an assessment that an individual engaged in insider dealing, contrary to the Market Abuse regulations.
DisputesAs highlighted in our previous publication, the protection of consumers amid the changing retail banking landscape (resulting from the scheduled exits of KBC Ireland plc and Ulster Bank Ireland DAC), is a top priority for the Central Bank of Ireland (CBI) this year.
Financial RegulationOn 5 May 2022, the European Commission announced that it had authorised Italy, under EU State aid law, to operate a €119m scheme to support cabotage and other maritime services because of the impact of COVID-19.
EU, Competition & ProcurementAs highlighted in our previous publication, driving fair outcomes for consumers and investors, and for their interests to be at the centre of financial services, is an evergreen priority for the Central Bank (CBI).
Financial RegulationIn this publication we look at the principal features of the UTP Regulations, as well as the manner in which they will be impacted by the enactment of the Agricultural and Food Supply Chain Bill 2022 (Bill).
ESG & SustainabilityOn 27 April 2022, the European Commission approved Irish State aid worth €18m to support the road haulage sector given the Ukrainian crisis.
EU, Competition & ProcurementOn 19 January 2022, the European Parliament published its draft amendments to the European Commission's proposed General Product Safety Regulation (GPSR).
DisputesThe publication of the Consumer Rights Bill (the Bill) on 22 April 2022 is a major step which is likely to lead to a significant reshape of the consumer law framework in this jurisdiction.
Disputes
