ALG's Pensions team provides practical insight into the immediate considerations and duties that Pension trustees have in relation to the Coronavirus (COVID-19) pandemic.
COVID-19
When the Chancellor introduced the Job Retention Scheme late on Friday afternoon last week, it was met with almost overwhelming surprise first, and huge gratitude second. In principle, it is the single most significant development, by any British government, in assisting the private sector and it is more generous than any comparative scheme in Western Europe.
Technology
It has been just over a week since schools and childcare facilities closed in Ireland, with workplaces in every sector immediately impacted and many other businesses quickly following suit, primarily those in the hospitality and retail sectors.
COVID-19The final terms and conditions for the first auction under the new Renewable Energy Support Scheme (RESS 1) in Ireland have been published (RESS 1 Terms)
Energy & Natural Resources
COVID-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.
Corporate & M&A
Covid-19 is presenting unique and unprecedented challenges for employers and in the midst of uncertainty many businesses are concerned about their ability to provide ongoing employment.
COVID-19 Belfast
The Government has just announced extraordinary measures to help support businesses and employees during this COVID-19 crisis. We have set these out below, along with a summary of the other support that has been made available during the course of this week.
COVID-19 Belfast
The COVID-19 outbreak has impacted businesses and governments across the globe. Governments and the European Commission are working at speed to address and support citizens in the current pandemic.
COVID-19
Where a transaction must be notified to the European Commission under the EU Merger Regulation, DG COMP has encouraged the merging parties to delay the submission of the merger notification until further notice. It is also temporarily accepting e-filings and permitting the delivery of hard copy originals to be arranged at a later time.
COVID-19
In Ireland, under the combined EU and Irish competition law rules, it is an offence to enter into an anti-competitive agreement or to abuse a dominant position.
COVID-19
The European Central Bank (ECB) has announced a €750bn temporary asset purchase programme of private and public sector securities to assist the eurozone in the wake of the COVID-19 pandemic. This is in addition to the €120bn increase the ECB announced to its €20bn per month programme of asset purchases last week.
COVID-19Governments around the world are giving financial support to many businesses to cope with the COVID-19 crisis. Businesses receiving this support appreciate the assistance during this troubling but temporary crisis.
EU, Competition & Procurement
