The ongoing COVID-19 pandemic required an urgent and unprecedented response from the government in an attempt to safeguard the healthcare service and to protect the economic wellbeing of the country. The government implemented monetary aid schemes to alleviate financial stress on individuals and businesses and in order to access resources quickly, the government decided to award...
COVID-19Our Global Fund Registration Services team looks at implications for investment funds marketed in the UK of the Financial Conduct Authority's temporary permissions regime, which has re-opened its notification window from 30 September to 30 December 2020
Asset Management & Investment Funds
On 19 October 2020, the Irish government decided that, as of midnight on Wednesday 21 October 2020, the whole country will be placed on Level 5 of the Plan for Living with COVID-19, with a small number of exceptions, for a period of six weeks. Only essential retail and essential services will remain open.
COVID-19The Central Bank of Ireland (CBI) has issued an industry letter to all FMCs following the conclusion of its thematic inspection of compliance with its Fund Management Companies – Guidance (Guidance). It is encouraging to note the review's finding that , when applied correctly, the rules and guidance provide a framework of robust governance, management and oversight arrangements.
Asset Management & Investment FundsThe temporary permissions regime operated by the Financial Conduct Authority in the UK, or TPR, reopened on 30 September 2020. Our team put together some answers for fund managers of Irish investment funds to some practical questions about the operation of the TPR, including during the notification window which remains open until 30 December 2020.
Asset Management & Investment FundsWith the UK's immigration system set to change fundamentally in the coming months, companies across Northern Ireland must act now to ensure that EU national employees preserve their right to work here after 31 December 2020.
Employment & Incentives BelfastOn Tuesday 13 October 2020, Minister for Finance, Paschal Donohue TD and the Minister for Public Expenditure and Reform, Michael McGrath TD, presented Budget 2021. In this publication we look at Budget 2021 and what it means for the hospitality sector.
DisputesOn Tuesday 13 October 2020, Minister for Finance Paschal Donohue TD and the Minister for Public Expenditure and Reform, Michael McGrath TD, presented Budget 2021. In this publication, we look at Budget 2021 and what it means for the gaming and betting sector.
Betting, Gaming & LicensingWatch Kenan Furlong interview former CEO of Wirecard, James H. Freis, Jr at the ALG CCR Summit 2020
Corporate & M&AThe Government has published the long awaited Climate Action and Low Carbon Development (Amendment) Bill 2020 which has the potential to change the nation's relationship to the climate.
Climate ActionALG's Finance Department provide a legal guide to Acquisition and Leveraged Finance in Ireland.
FinanceThe government has announced the largest budgetary package in the history of the State, in an effort to combat the financial effects of COVID-19, with targeted support provided to sectors which continue to suffer the worst effects of the pandemic such as hospitality, live entertainment and the Arts.
Employment
