Sep 2022

article

In domestic news, on 3 August 2022, the Central Bank of Ireland (CBI) published its Consultation Paper on proposed Guidance for (Re)Insurance Undertakings on Climate Change (the Guidance).

Sep 2022

article

In domestic news, on 9 August 2022, the CBI published guidance notes on the outsourcing register template for each of the following sectors: markets firms or regulated financial service providers (RFSPs), payments and e-money institutions, insurance and reinsurance undertakings, and less significant institutions.

Sep 2022

article

In domestic news, on 9 August 2022, the CBI published guidance notes on the outsourcing register template for markets firms or regulated financial service providers (RFSPs). The guidance notes set out the CBI's expectations for firm's recording of relevant outsourcing arrangements and reporting of outsourcing to the CBI.

Sep 2022

article

In domestic news, on 24 August 2022, the CBI announced that the countercyclical capital buffer (CCyB) rate on Irish exposures is to be maintained at 0.5%. The 0.5% rate will take effect in June 2023.

Sep 2022

article

The United Kingdom's Economic Crime (Transparency and Enforcement) Act 2022 (ECA) came into force on 1 August 2022 (see our previous article).

Sep 2022

publication

The landscape of foreign direct investment (FDI) into Ireland will be changed significantly by the Screening of Third Country Investments Bill 2022 (the Bill), which introduces an investment screening mechanism in Ireland for the first time.

Sep 2022

article

The European Union (EU) has been developing a sophisticated Foreign Direct Investment (FDI) screening regime. This FDI screening regime revolves around Regulation 2019/452.

Sep 2022

article

On Thursday 8 September 2022, the Minister of State with responsibility for Law Reform, James Browne TD, announced the appointment of Anne Marie Caulfield as the new Chief Executive Officer (CEO) Designate of the Gambling Regulatory Authority of Ireland (GRAI). In this announcement, Mr Browne noted that the early appointment of the CEO will ensure that there is no delay in the new regulator becomi

Sep 2022

article

In the case of Fennell v Appelbe, a director of an insolvent company appealed a restriction order made against him by the High Court, which prevented him from acting as a director for five years.

Sep 2022

article

The High Court (Mr. Justice Barrett) has recently delivered judgment in National Truck Rental Company Ltd v Man Importers Ireland Ltd & Ors1 (the National Trucks Judgment) .