Following on from the implementation of the Sustainable Finance Disclosures Regulation (SFDR) and the Taxonomy Regulation, on 21 April 2021 the European Commission adopted a delegated UCITS directive and delegated AIFM regulation on the sustainability risks and sustainability factors to be taken into account for UCITS management companies and AIFMs.
Asset Management & Investment FundsThe Protection of Employees (Fixed-Term Work) Act 2003 (the Fixed Term Work Act) provides that where an employee is employed on two or more successive fixed-term contracts, the aggregate duration cannot exceed four years without objective grounds.
EmploymentApril heralds a number of key changes in rates and limits in Northern Ireland. Minimum wage, Tribunal limits and Vento bands will all increase from April 2022.
BelfastThe Circular Economy, Waste Management (Amendment) and Minerals Development (Amendment) Bill 2022 (the Circular Economy Bill) was initiated in the Dáil on 25 March 2022.
Environmental & PlanningA proposal to prevent the misuse of shell entities for tax purposes was published by the European Commission late last year (the Directive).
TaxWith the COP26 summit as a backdrop, and after the publication of the IPCC's most recent report in February of this year, governments are under pressure to reduce CO2 emissions and meet their renewable energy targets.
Environmental & PlanningSFDR, PRIIPS KID, ESMA on war in Ukraine, ESMA analysis of fund performance in market stress, risks of crypto-assets, ESG Benchmarks
Asset Management & Investment FundsCBI on managing risks from the Russian invasion into Ukraine, sanctions, cryptocurrencies and crypto-assets, CBI priorities, CBI Markets Update, market conduct
Asset Management & Investment FundsOn 21 January 2022, Mr Justice Humphreys sitting in the Court of Appeal (COA) delivered judgment in Doorly -v- Corrigan & Anor [2022] IECA 6, overturning an earlier decision of the High Court.
Environmental & PlanningOn 21 March 2022, the Irish High Court ordered a hemp and CBD business (the Food Business), to cease trading with immediate effect, including cessation of all activity on internet sites and social media sites.
Health & SafetyThe Irish Human Rights and Equality Commission has published two new codes of practice for employers in respect of workplace harassment and equal pay.
EmploymentThe Commercial Court (the Court) has recently delivered judgment in ACC Bank plc v Joyce and Ors [2022] IEHC 92.
Disputes
