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Legal Updates & Insights

  • Article

    Financial Services Regulation and Compliance - General Cross Sectoral Mar 2020

    Domestically, the Central Bank has published a statement on essential services in the context of the COVID-19 outbreak, as well as its Consumer Protection Outlook 2020; At European level the European Commission has adopted a Temporary Framework for State aid measures to help Member States deal with the impact of COVID-19.

    Finance
  • Article

    Financial Services Regulation and Compliance - Investment Firms Mar 2020

    Domestically, the second Shareholders' Rights Directive has come into effect in Irish law; At European level ESMA has issued recommendations for financial market participants in light of COVID-19. ESMA has also set out the approach on MiFIR tick-size regime for Systematic Internalisers; launched a number of consultation papers; and relaxed requirements relating to call taping under MiFID II.

    Finance
  • Article

    Financial Services Regulation and Compliance - Banking Mar 2020

    Domestically, a range of banking measures have been announced in response to the outbreak of COVID-19, to support customers, businesses, and the wider economy. Euronext Brussels has been designated as a market by Revenue; At European level, the ECB, ESMA, and BCBS have announced measures in response to COVID-19.

    Finance
  • COVID-19 - Guidance for Landlords and Tenants of Commercial Premises in Northern Ireland
    Article

    COVID-19 - Guidance for Landlords and Tenants of Commercial Premises in Northern Ireland

    Many businesses have closed their premises voluntarily in recent weeks, with more still told to do so as emergency legislation was rushed through, in the hope of limiting the spread of coronavirus.

    COVID-19 Belfast
  • COVID-19 Income Supports
    Article

    COVID-19 Income Supports

    In response to the effect of COVID-19 on Irish businesses the Government, and in particular the Department of Employment Affairs & Social Protection (DEASP), introduced a range of financial measures to support businesses and their workers who are effected by the COVID-19 crisis.

    COVID-19
  •  COVID-19: Remote Mediation - Business as usual in the face of COVID-19
    Article

    COVID-19: Remote Mediation - Business as usual in the face of COVID-19

    The rapid spread of COVID-19 has had extraordinarily far reaching ramifications for all sectors of industry, not least the legal system.

    COVID-19
  • COVID-19: Irish consumer agency reminds businesses about the need to inform consumers early of payment methods
    Article

    COVID-19: Irish consumer agency reminds businesses about the need to inform consumers early of payment methods

    Consumer protection law in Ireland is mainly enforced by the Competition and Consumer Protection Commission (CCPC). On 2 April 2020, the CCPC issued an alert entitled  "COVID-19 Business Reminder – Payment Methods".

    COVID-19
  • COVID-19: Commercial landlords and tenants for NI & UK – points to consider when normality returns
    Article

    COVID-19: Commercial landlords and tenants for NI & UK – points to consider when normality returns

    A week seems like a long time for a large part of the population staying at home and for those key workers continuing to provide lifesaving services during the COVID-19 crisis. Keeping track of the rapidly changing situation and how it impacts your business can be difficult. In the commercial property world, it is no different.

    COVID-19 Belfast
  • COVID-19: European Commission publishes guidance on Public Procurement
    Article

    COVID-19: European Commission publishes guidance on Public Procurement

    Public bodies across the globe urgently require essential goods and services to combat the COVID-19 outbreak. The European Commission has published helpful guidance which acknowledges that direct award of contracts to suppliers without tender competitions may be justified at this time.

    COVID-19
  • COVID-19: Implications for the Northern Ireland Energy Sector
    Article

    COVID-19: Implications for the Northern Ireland Energy Sector

    The NI Department of Health published regulations on Saturday imposing new restrictions on businesses in Northern Ireland.

    COVID-19 Belfast
  • COVID-19: Summary of the Emergency Measures in the Public Interest (COVID-19) Act 2020
    Article

    COVID-19: Summary of the Emergency Measures in the Public Interest (COVID-19) Act 2020

    Many individuals and businesses contending with the ongoing COVID-19 pandemic should be aware of some of the emergency measures being put in place to protect the public from the economic and social effects of the pandemic.

    COVID-19
  • COVID-19: Central Bank Statement on Essential Services
    Article

    COVID-19: Central Bank Statement on Essential Services

    Irish financial services firms will be aware of the fact that banking and financial services are considered essential services during the COVID-19 pandemic under guidance published by the Department of the Taoiseach on 28 March 2020. 

    COVID-19