Legal Updates & Insights: P996 -A&L Goodbody LLP

Legal Updates & Insights

  • COVID-19: Range of banking measures announced due to the pandemic
    Article

    COVID-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 fallout from COVID-19.

    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
  • COVID-19 and the Force Majeure Clause in the UK and Ireland
    Article

    COVID-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
  • COVID-19: Governance, contingency planning and risk
    Article

    COVID-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 uncertainty brought about by the COVID-19 pandemic.

    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 the evolving COVID-19 position in close cooperation with other European supervisory authorities and the European Systemic Risk Board.

    Insurance & Reinsurance
  • Northern Ireland guidance for contracting authorities using procurement in response to COVID-19
    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 Contract Regulations 2015 (PCR 2015) in ensuring they have the necessary goods and services at this time. 

    COVID-19 Belfast
  • COVID-19: Central Bank releases capital buffer
    Article

    COVID-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
  • Northern Ireland companies can seek State Aid during the COVID-19 outbreak
    Article

    Northern 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 measures to assist companies – the logistics of which are still unclear.

    COVID-19 Belfast
  • COVID-19: Top 10 Employer FAQs
    Article

    COVID-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 to ensure continuity of their business, the health and safety of their employees and compliance with data protection obligations where these arise. Our Employment and Data Protection teams have be

    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 must notify the relevant national competent authority (NCA) if the position reaches or exceeds 0.1% of the issued share capital after the entry into force of the decision.

    Asset Management & Investment Funds
  • 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
    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
  • COVID-19 and State Aid. Coronavirus: European Commission Upholds Danish State Aid Scheme for Cancellations
    Article

    COVID-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 caused by cancellations of large public events due to the COVID-19/Coronavirus outbreak.

    COVID-19