The European Union has faced various tests in recent years. COVID-19 is testing the EU's responses in both new and well-tried ways. It is useful to take an overview of some of the EU's responses:
COVID-19Landlords and tenants are facing issues that have never arisen before as a result of the impact of COVID-19. We are continually reviewing this ever changing situation, however, the following are some of the questions that have been raised with us and our responses...
COVID-19 BelfastThe European Commission has found a €200m Irish scheme (the Irish Scheme) to support companies affected by the COVID-19 outbreak to be in conformity with the EU's State aid rules. This is consistent with a number of other recent State aid notifications by other Member States (such as Germany, France, UK and Spain) to the European Commission in the context of the COVID-19 outbreak.
COVID-19One of the measures included in the emergency Coronavirus Bill currently going through Parliament is a moratorium on forfeiture of commercial leases for non-payment of rent for the next three months. This period may be extended if needed.
COVID-19 BelfastCovid 19, Cross-border distribution of funds, MMF reporting delay and stress tests, ESMA consultation on leverage risk in the AIF sector, PRIIPs KID, UK consultation on marketing and overseas funds regime and AML/CTF
Asset Management & Investment FundsIrish SRD II Regulations, Covid-19, Beneficial Ownership for ICAVs and Unit Trusts, Cybersecurity, AML Financial Intermediary Guidelines, split of PCF-39 roles and AML report.
Asset Management & Investment FundsCOVID-19: Governance, contingency planning and risk for regulated investment funds and regulated financial service providers established in Ireland.
Asset Management & Investment FundsThe COVID-19 pandemic has led to uncertainty as to the enforceability of certain commercial contracts. Where parties to a contract have not specifically included a force majeure/material adverse change clause, the common law doctrine of frustration may be brought to bear to bring the contract to an end.
COVID-19Over the past number weeks, all areas of Government, business and daily life have experienced unprecedented disruption in response to the COVID-19 public health emergency. At both national and local level, the planning system is facing significant challenges and is coming under great pressure to identify solutions
COVID-19In this edition of our series "Responding to Covid-19 – Board Business", we look at some immediate challenges for Boards and deal makers as the disruptive effects of COVID-19 continue to intensify across all sectors of the economy.
COVID-19 BelfastCOVID-19 is having an unprecedented impact on companies in all sectors. In our latest publication we look at some immediate priorities for company Boards as the disruptive effect of COVID-19 intensifies.
COVID-19 BelfastIn our update on 25 March 2020, we outlined details of the newly announced Temporary Wage Subsidy Scheme (the TWSS) operated by Revenue. The legislation underpinning the scheme, the Emergency Measures in the Public Interest (Covid-19) Act 2020 (the Act) was enacted on Friday 27 March 2020 following an expedited legislative process.
COVID-19