Aug 2020

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Following political and media focus on insurers' approach to COVID-19 business interruption claims, the Central Bank of Ireland has published its COVID-19 and Business Interruption Insurance Supervisory Framework.

Aug 2020

Article

Domestically, the CBI published an updated guidance note on completing an application for authorisation as a retail intermediary; At European level, the European Commission has launched a public consultation as part of its review of the key elements of Solvency II.

Aug 2020

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Domestically, the CBI has published a notice of intention in relation to the application of the ESMA guidelines on liquidity stress testing in UCITS and AIFs; At European level, the European Commission has published an updated notice to stakeholders concerning Brexit and EU rules in the area of post-trade financial services.

Aug 2020

Article

Domestically, there was strong focus on the impact of COVID-19 on the financial sector generally, in the immediate and longer term, as well as the impact of COVID-19 on the wider economy; At European level, the European Commission also published a roadmap for sustainable finance.

Aug 2020

Article

Domestically, the CBI has published its regular markets update; At European level, ESMA postponed a number of implementation dates due to COVID-19, such as the implementation date for the CSDR settlement scheme. ESMA also published a number of reports and updates as the half-year mark has passed.

Aug 2020

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Domestically, the banking sector is focused on COVID-19 as the pandemic continues; At European level, here was a focus on MREL this month, culminating in the publication of final draft ITS on 3 August 2020. COVID-19 continues to be prominent, with authorities issuing a number of statements and guidelines aimed at combatting the economic fallout of COVID-19

Aug 2020

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Many employers have recently been reviewing their annual leave policies and addressing employees' annual leave requests, in circumstances where travel restrictions have been in place during the current pandemic.

Aug 2020

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The scheme of arrangement of Nordic Aviation Capital DAC had a number of innovative features and is another clear endorsement the scheme process can be used to implement complex, cross border restructurings.

Aug 2020

publication

The Companies (Miscellaneous Provisions) Act 2020 is a welcome clarification of certain company law issues faced by companies during the COVID-19 pandemic.

Aug 2020

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Demand for hybrid and all-electric cars has increased dramatically in recent years across the world, thanks to significantly improved distance ranges on a single charge and a wide range of incentive schemes for buyers.