Tracker, Financial Services Regulation & Compliance - Insurance

Article

The Central Bank of Ireland (Central Bank) has recently published additional Solvency II Information Notes. The first of these, Note 4, outlines its approach to applications for approvals regarding undertaking-specific parameters (which are being accepted by the Central Bank since 1 April 2015).

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MMF Regulation

Article

On 29 April 2015, the European Parliament agreed its position on MMF reform following a plenary vote.

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Defendant failed to show that there was no negligence in signing loan facility

Article

In AIB v Higgins & ors [2015] IECA 23, the Court of Appeal considered the necessary elements of the defence of 'non est factum'. Generally speaking if a person signs a document they are affirming the contents and will be bound by their signature. The defence of 'non est factum' (meaning literally “it is not my deed”) alleges that the signed agreement is void due to an absence of consent by the sig

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