COVID-19: CBI announces more flexibility measures in response to the pandemic

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The Central Bank of Ireland launched a package of measures showing regulatory flexibility in light of the challenges posed by COVID- 19. The measures are targeted at UCITS, AIFs, Fund Service Providers, Investment Managers and Investment Firms. They include flexibility around late filing of certain annual and semi-annual accounts.

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COVID-19: Adjournment applications – Be prepared for hearing

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The Courts Service of Ireland has scaled back and refined the activity of the Courts to assist in limiting the spread of COVID-19 by adjourning generally any non-urgent matters listed up to the Easter vacation (See our detailed briefing on the Operation of the Courts here).

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COVID-19: FAQs for directors of Irish special purpose companies

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Businesses in all sectors are facing very challenging times arising from the outset of, and reaction to COVID-19. With the challenges in some instances being unprecedented, directors of affected special purpose companies need to be mindful of their duties especially around decisions that they are looking at making to get through current difficulties.

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Betting Duty Relief Update

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In our last update, we looked at the Betting Duty and Betting Intermediary (Amendment) Regulations 2020 which offer relief of up to €50,000 across a calendar year to bookmakers from the 2% Irish betting duty.

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COVID-19: Immigration - Temporary Work Permit Arrangements

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As discussed in our previous COVID-19 immigration update, due to COVID-19 any individual whose current Irish immigration permission is due to expire between 20 March and 20 May 2020 will be deemed to have their existing permission automatically renewed by the Minister for Justice and Equality for a period of two months.

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