Financial Services Regulation and Compliance - Insurance October 2024

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Domestically, the CBI published reports on the flood protection gap and private motor insurance and an updated authorisation checklist for (re)insurance undertakings. At European level, EOIPA consults on criteria for selecting insurers to run macroprudential analyses and technical standards after Solvency II review.

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Financial Services Regulation and Compliance - Funds October 2024

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Domestically, the CBI Deputy Governor Derville Rowland delivered a speech on the evolution of exchange traded funds. At European level, ESMA published its 2025 work programme and ESMA, the European Commission and the ECB issued a joint statement on the next steps in the transition to T + 1.

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New Companies Act awaiting commencement

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The Companies (Corporate Governance, Enforcement and Regulatory Provisions) Act 2024 (the Act) was signed into law by the President on 12 November 2024. It must be commenced by the Minister for Enterprise, Trade and Employment (the Minister) by way of one or more commencement orders.

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Court recognises climate emergency

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In a welcome decision delivered on 1 November 2024, in Toole & Anor -v- Minister for Housing Local Government and Heritage [2024] IEHC 610, the High Court (the Court) (Humphreys J) refused to grant an order of certiorari by way of judicial review.

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Changes to maternity leave and a ban on non-disclosure agreements

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The President has signed the Maternity Protection, Employment Equality and Preservation of Certain Records Act 2024 into law, with the parts relating to postponing maternity leave and NDAs requiring commencement orders to take effect. This briefing outlines the details of these changes and their implications.

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ESG in 2024

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In the recent Financier Worldwide – ESG WorldWatch, Jill Shaw joins experts from across the globe to provide insights into ESG related trends and developments globally.

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