Domestically, CBI issues industry letters to all the main Irish lenders, reminding them of their obligation under the Code of Conduct on Mortgage Arrears 2013 not to impose charges and/or surcharge interest on arrears; At European level, several reports were published including the EBA's Basel III capital monitoring report and the EBA publishing an Opinion...
Financial RegulationThis week marks ‘Anti-bullying Week' across the UK. At some point, most employers will have received employee grievances citing allegations of ‘bullying’, ‘harassment’ or ‘victimisation’. Some of these phrases have specific legal definitions which often are not understood by employees.
BelfastA review of the main features in relation to merger control in Ireland.
EU, Competition & ProcurementIreland's Competition and Consumer Protection Commission (CCPC) has been considering for some time as to whether to introduce a simplified merger notification procedure.
EU, Competition & ProcurementThree days before the UK was due to leave the EU on 31 October 2019, the European Council agreed to give the UK a further extension on its notice period to leave the EU.
BrexitThe Competition and Markets Authority (CMA) has recently issued 3 firms with fines totalling more than £36m for breaking competition law in supplying certain concrete drainage products for building projects
BelfastIn a shrewd move by the EU, Michel Barnier (the European Commission's Chief Brexit Negotiator) has been appointed to lead the new European Commission "taskforce". He will handle, among other issues, the second phase of the talks between the EU and the UK.
BrexitSome approaching compliance deadlines and Central Bank speeches
Asset Management & Investment FundsESA consultation on KIDs for PRIIPs; ESMA Update on Brexit; Use of derivatives by equity UCITS; ESMA TRV; Benchmarks; ESMA work programme; Joint Committee of ESAs work programme; AML/ CTF.
Asset Management & Investment FundsWhat is the Senior Executive Accountability Regime or SEAR?
Asset Management & Investment FundsOn 19 October 2019, after a day in the House of Commons which the UK Prime Minister Boris Johnson must have found frustrating (because the Meaningful Vote on his Revised Withdrawal Agreement did not take place), the Prime Minister sent an unsigned letter to the President of the European Council.
BrexitThe Irish Minister for Finance and Public Expenditure & Reform, Mr Paschal Donohoe, made his Budget speech to the Irish Parliament on Tuesday 8 October 2019 and published the Finance Bill 2019 on 17 October 2019.
Finance
