Regulatory approaches to COVID-19
Aug 2020
article
By dramatically curtailing many economic activities in Ireland and across the world, COVID-19 has had significant consequences for consumers and financial service providers.
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article
By dramatically curtailing many economic activities in Ireland and across the world, COVID-19 has had significant consequences for consumers and financial service providers.
Read moreAug 2020
article
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.
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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.
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Article
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.
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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.
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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.
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Article
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
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Article
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.
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Article
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.
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publication
The Companies (Miscellaneous Provisions) Act 2020 is a welcome clarification of certain company law issues faced by companies during the COVID-19 pandemic.
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