Crowdfunding has gathered pace in recent years as an attractive alternative to traditional forms of finance typically offered by banks.
Financial RegulationInsurers entering contracts of insurance with Irish consumers will be impacted by changes to Irish law with effect from 1 September 2021. These changes will affect contracts issued, varied or renewed from that date.
Insurance & ReinsuranceDigital operational resilience has been the focus of governments and regulators across sectors lately, which is unsurprising given that information and communications technology (ICT) is a key enabler for the business models of most financial services providers.
Financial RegulationThe CJEU was asked to comment on the scope of Article 9(2) and (3) of the Aarhus Convention relative to the entitlement of the public to seek "access to justice" on environmental matters.
Environmental & PlanningOn 21 May 2021, the UK's competition and consumer law regulator, the Competition & Markets Authority (CMA), issued, for consultation, draft consumer protection law guidance for all businesses making environmental claims.
BelfastOn 5 May 2021, the European Commission (Commission) proposed a Regulation (Regulation) which, if adopted, would address potentially distortive effects of foreign subsidies in the EU.
EU, Competition & ProcurementThe Minister for Public Expenditure and Reform recently published the General Scheme of the Protected Disclosures (Amendment) Bill.
EmploymentESMA CBDF Guidelines, ESMA Guidelines on outsourcing to cloud service providers, EU Retail Investment Strategy, EU Supervisory Data Strategy, Reform of the ESAs, Notifying net short positions on shares, AML/ CTF
Asset Management & Investment FundsUCITS Liquidity, Speech at Irish Funds Global Funds Conference by CBI's Derville Rowland, Appointment of new chair of ESMA's Investment Management Standing Committee, Companies Act 2014
Asset Management & Investment FundsThe Central Bank of Ireland (CBI) issued a consultation on cross-industry guidance on outsourcing in February. The intention is for the guidance to issue at the end of 2021.
Asset Management & Investment FundsThe examiner's schemes of arrangement relating to the Norwegian Air Shuttle group becomes effective today, 26 May 2021.
Aviation & Transport Finance
Duncan Inverarity recently discussed the issues impacting Ireland due to the global pandemic with Philippe Durand of August Debouzy Avocats as part of the Employment Law Alliance podcast series.
COVID-19
