Dec 2023

Article

The European Union’s Artificial Intelligence Act (AI Act) is one of the first attempts from a major regulator to address the growing prevalence of AI technologies. Businesses that develop, use and supply AI systems will be impacted. Importantly, this includes insurance sector firms and service providers.

Dec 2023

article

As 2023 draws to a close, the ALG Insurance & Reinsurance team take stock of key ESG & Sustainability developments in the insurance space; and look ahead to what is coming down the track for 2024.

Dec 2023

Article

On 13 December 2023, a provisional agreement was reached between European Union co-legislators on the Corporate Sustainability Due Diligence Directive (CSDDD). The CSDDD aims to enhance the protection of the environment and human rights in the EU and globally.

Dec 2023

Article

The Central Bank’s Administrative Sanctions Procedure (the ASP) is the regulator’s key enforcement tool.

Dec 2023

Article

In this inaugural annual article, we look back on what has been a busy 2023 for insurance sector M&A in Ireland and provide an outlook of likely trends and activity in 2024.

Dec 2023

article

The Competition (Amendment) Act 2022 has introduced a number of important changes to gun-jumping under Irish merger control. These changes address some gaps in the existing legislation as well as expanding gun-jumping to transactions called-in by the Competition and Consumer Protection Commission.

Dec 2023

Article

On 8 December 2023, the European Supervisory Authorities (ESAs) published the second tranche of policy measures under Regulation (EU) 2022/2554 on digital operational resilience for the financial sector (DORA) for public consultation.

Dec 2023

article

On 26 October 2023, the United Kingdom’s new procurement regime received Royal Assent. Understanding of the Act will be imperative to all organisations who fall within the scope of and are reliant on the new legislative provisions during procurement processes.

Dec 2023

Article

The Central Bank of Ireland (CBI) has published updated Administrative Sanctions Procedure (ASP) Guidelines, together with a feedback statement on its Consultation on the draft ASP Guidelines initially issued in June this year.

Dec 2023

article

The Digital Services Bill was published by the Oireachtas on 5 December 2023. It will give effect to the Irish national implementation of the Digital Services Act.