FSPO Digest of Decisions Volume 3 – February 2020 Briefing

Article

The Financial Services and Pensions Ombudsman (FSPO) last week published 25 Legally Binding Decisions, which were issued between January 2019 and January 2020 regarding tracker mortgage interest rates. In short, of the 25 complaints in respect of which Legally Binding Decisions were published, 17 complaints were not upheld, 6 complaints were substantially or partially upheld, and 2 complaints...

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Betting Duty Regulations update

Article

The Irish Revenue Commissioners have published the Betting Duty and Betting Intermediary Duty (Amendment) Regulations 2020 (the Regulations), offering relief to small independent bookmakers from the 2% betting duty levied on every bet entered into with persons in the State. The relief applies to bookmakers that hold an Irish bookmaker, remote bookmaker or remote betting intermediary's licence.

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€6.7m EU fine on Meliá Hotels for carving up markets

Article

On 21 February 2020, the European Commission imposed a fine of €6,678,000 on the Spanish hotel group Meliá for its contracts with four tour operators which discriminated between customers within the EU's internal market by reference to the customer's country of residence. Dr Vincent J G Power examines the case.

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