Financial Services Regulation and Compliance - Insurance November 2023

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Domestically, Health Insurance (Amendment) Bill 2023 debated and the CBI publishes “Intermediary Times” Newsletter. At European level, EIOPA publishes November 2023 Insurance Risk Dashboard 2023 and monthly technical information and EIOPA speech comments on hidden and horizon risks for insurers.

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Financial Services Regulation and Compliance - Funds November 2023

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Domestically, the CBI issues timeframes for application with a year-end effective date, CBI publishes Consultation paper on a proposed new European Long Term Investment Fund and the CBI updates the AIFMD Q&A. At European level, AIFMD II continues through the European legislative process.

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Court of Appeal confirms decision of the Irish High Court to dismiss Russian insurer’s challenge to aviation insurance claim being litigated in Ireland

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In a judgment delivered on 6 December 2023, the Irish Court of Appeal dismissed an appeal of a decision of the Irish High Court in respect of a motion brought by one of the defendants in aviation insurance legal proceedings, seeking to have service of proceedings set aside for lack of jurisdiction. Read more here

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Green leases – where are we now?

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In this article, we reflect on the use of green lease clauses within the Irish property market. Considering the recent developments in this area, we provide a series of practical considerations for parties in negotiating these clauses.

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