Feb 2016

Article

European Court hands down preliminary ruling on anti-competitive concerted practices in the context of online selling platforms - Case C‑ 74/14, Eturas and Others.

Feb 2016

Article

Irish defamation claims must be brought quickly or they will become time barred. Proceedings must be issued within a year of the publication of the defamatory statement. In "exceptional circumstances" this period can be extended to two years.

Feb 2016

Article

Commissioner Dixon gave a report on the work of the Office of the Data Protection Commissioner (ODPC) for the year 2015, and outlined the priorities of her office for 2016 in a presentation to delegates attending the National Data Protection Conference

Feb 2016

Article

On 1 February 2016, the European Securities and Markets Authority (ESMA) published a new Q&A document on the application of the UCITS Directive, as most recently revised by UCITS V.

Feb 2016

Article

On the Domestic Front: Items including the following - Finance (Tax Appeals) Act 2015 is signed by the President – not yet commenced - Credit Union regulations imposing a limit on individual members' savings are now in force - Central Bank of Ireland publishes the first Quarterly Bulletin for 2016.

Feb 2016

Article

On the Domestic Front: The Central Bank published issue 9 of 2015 of its Markets Update. On the EU Front: European Commission publishes letter to ESMA on application of AIFMD passport.

Feb 2016

Article

On the EU Front: Items including the following - ESMA Consultation Paper on the development of MiFIR guidelines - ESMA Guidelines on Cross-Selling Practices under MiFID II now applicable.

Feb 2016

Article

On the Domestic Front: Items including the following - Central Bank of Ireland publishes new regulations for firms lending to SMEs - Central Bank of Ireland develops a methodology for a broader examination of tracker mortgage-related issues.

Feb 2016

Article

On the Domestic Front: Items including the following - Central Bank feedback on review of annuity sales process - Central Bank guidance in relation to Fitness and Probity obligations for (re)insurers. On the European Front: Items including the following - Third set of Solvency II Implementing Regulations published - EIOPA Solvency II technical information published.

Feb 2016

Article

Following the CJEU decision in the Schrems Case on 6 October 2015 invalidating the Safe Harbour regime, the Article 29 Working Party (the group comprised of representatives of European national data protection authorities (Article 29WP)) gave the EU and US a three month timeline in which to agree a political solution to replace Safe Harbour.