Mar 2020

Article

As countries continue to respond to the coronavirus (Covid-19) pandemic, employers are understandably under pressure to ensure they protect their employees, react appropriately and ensure steps taken are in line with national guidance. The UK has announced that it has moved from phase 1 "containment" to phase 2, seeking to "delay" the peak of the outbreak.

Mar 2020

Article

On 4 March 2020 the Central Bank (CBI) issued a statement on COVID-19 indicating that it is monitoring developments closely to assess the impact on the economy and financial system. The short statement also sets out the Central Bank's expectation that regulated firms should have appropriate contingency plans in place to deal with major operational events, should they occur.

Mar 2020

Article

In this, our third bulletin on employment matters related to coronavirus (COVID-19), we focus on the news just announced that the rules on illness benefit will be amended, which will include enabling employees to benefit from state illness benefit earlier than would be the case in normal circumstances.

Mar 2020

Article

On 25 February 2020 the Central Bank published a 'Notice of Intention' which proposed the addition of a number of new roles to the list of pre-approval controlled functions (PCFs) under the Central Bank's Fitness and Probity Regime.

Mar 2020

Article

The Court of Appeal has upheld a High Court decision in Goode Concrete V CRH PLC & Ors [2017] IEHC 534 in relation to the concept and permissibility of "Confidentiality Rings" in Irish Law.

Mar 2020

Article

The Commission for Aviation Regulation (CAR) has published a report recommending changes to the rules governing insolvency protection for package travel 'organisers' and 'linked travel arrangement' (LTA) facilitators established in Ireland.

Mar 2020

Article

A recent High Court decision in Health Products Regulatory Authority v Anne Rossi has confirmed that regulatory authorities can interview suspects on a voluntary cautioned basis, without being required to invoke any specific statutory powers.

Mar 2020

Article

The Central Bank of Ireland (CBI) have confirmed that they will be responsible for establishing the Central Beneficial Ownership Register in respect of ICAVs and Unit Trusts.

Mar 2020

Article

Domestically, the CBI proposes new Pre-Approval Control Functions roles; At European level OJ publishes Commission implementing Regulation on the calculation of technical provisions and basic own funds in Q1 2020

Mar 2020

Article

Domestically, the CBI issued a detailed UCITS liquidity questionnaire to certain Irish UCITS fund management companies and Irish UCITS for completion in March 2020; At European level ESMA published its Strategy on Sustainable Finance.