Mar 2022

publication

As part of our annual review of defamation law in the jurisdiction we examine two notable reported judgments from 2021 and, as the Northern Ireland Assembly’s legislative programme reaches the final stages, the nature of the reforms proposed by the Defamation Bill.

Mar 2022

article

Insurance undertakings and insurance intermediaries operating in the Irish market should carefully consider the short and longer term implications to them of the Central Bank of Ireland's (CBI) long-signaled Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Insurance Requirements) Regulations 2022 (the Regulations).

Mar 2022

publication

In recent years, the Irish Revenue Commissioners' Code of Practice for Compliance Interventions has been an evolving document subject to review and modification on an ongoing basis. While the Code is not law itself, it reflects taxpayer rights that are already enshrined in law.

Mar 2022

article

On 31 January 2022, the Central Bank of Ireland (CBI) published its finalised guidance on the use of service companies for staffing purposes in the insurance sector (the Guidance).

Mar 2022

article

The Protected Disclosures (Amendment) Bill 2022 (the Bill) was recently published and is currently making its way through the Irish legislative process.

Mar 2022

article

The first provisions of the Maritime Area Planning Act (the MAP Act) commenced on 10 March 2022.

Mar 2022

Article

In domestic news, the CBI published its Securities Markets Risk Outlook Report 2022. At a European level; ESMA issued its proposed reforms to the money market fund framework and published its implementation timeline for sustainability provisions in UCITS and AIFMD, its fourth annual statistical report on the alternative investment fund sector, as well as data on the exposures of AIFs subject to it

Mar 2022

Article

In domestic news, the CBI issued its final guidance on the use of service companies in the insurance sector and the CCPC published its report on private motor insurance investigation. At a European level; EIOPA publishes monthly technical information, its 2022 Supervisory Convergence Plan, its decision on peer reviews and its revised single programming document 2022-2024.

Mar 2022

Article

In domestic news, the Ireland for Finance Action Plan 2022, Protected Disclosures (Amendment) Bill 2022 and the Competition (Amendment) Bill 2022 were published this month. At a European level; the European Commission presents the EU Taxonomy Complementary Climate Delegated Act, the ESAs recommended actions to ensure the EU’s regulatory and supervisory framework remains fit-for-purpose

Mar 2022

Article

In domestic news, amendments to the general reporting requirements for investment firms have come into effect. At a European level; ESMA has published a supervisory briefing on the use of tied agents under MiFID II, as well as its final reports on CCP recovery regime, and the EBA published its opinion on the European Commission's amendments to the final RTS RTS for own funds requirements