Apr 2020

Article

Domestically, the Second Shareholders' Rights Directive has become operational in Ireland, and the Central Bank of Ireland has increased its engagements with firms in response to COVID-19; At European level ESMA has made recommendations to financial market participants for COVI-19 impact, and introduced a temporary requirement obliging net short position holders to report positions of 0.1% and

Apr 2020

Article

Domestically, the Central Bank has published a statement on essential services in the context of the COVID-19 outbreak, as well as its Consumer Protection Outlook 2020; At European level the European Commission has adopted a Temporary Framework for State aid measures to help Member States deal with the impact of COVID-19.

Apr 2020

Article

Domestically, the second Shareholders' Rights Directive has come into effect in Irish law; At European level ESMA has issued recommendations for financial market participants in light of COVID-19. ESMA has also set out the approach on MiFIR tick-size regime for Systematic Internalisers; launched a number of consultation papers; and relaxed requirements relating to call taping under MiFID II.

Apr 2020

Article

Domestically, a range of banking measures have been announced in response to the outbreak of COVID-19, to support customers, businesses, and the wider economy. Euronext Brussels has been designated as a market by Revenue; At European level, the ECB, ESMA, and BCBS have announced measures in response to COVID-19.

Apr 2020

Article

Many businesses have closed their premises voluntarily in recent weeks, with more still told to do so as emergency legislation was rushed through, in the hope of limiting the spread of coronavirus.

Apr 2020

Article

In response to the effect of COVID-19 on Irish businesses the Government, and in particular the Department of Employment Affairs & Social Protection (DEASP), introduced a range of financial measures to support businesses and their workers who are effected by the COVID-19 crisis.

Apr 2020

Article

The rapid spread of COVID-19 has had extraordinarily far reaching ramifications for all sectors of industry, not least the legal system.

Apr 2020

Article

Consumer protection law in Ireland is mainly enforced by the Competition and Consumer Protection Commission (CCPC). On 2 April 2020, the CCPC issued an alert entitled  "COVID-19 Business Reminder – Payment Methods".

Apr 2020

Article

A week seems like a long time for a large part of the population staying at home and for those key workers continuing to provide lifesaving services during the COVID-19 crisis. Keeping track of the rapidly changing situation and how it impacts your business can be difficult. In the commercial property world, it is no different.

Apr 2020

Article

Public bodies across the globe urgently require essential goods and services to combat the COVID-19 outbreak. The European Commission has published helpful guidance which acknowledges that direct award of contracts to suppliers without tender competitions may be justified at this time.