Domestically, the CBI has announced its supervisory and enforcement priorities for this year; At European level the EBA has published updated guidelines on fraud reporting under PSD2.
Financial RegulationDomestically, Department of Finance publishes summary of responses to its public consultation on climate change and insurance; At European level EIOPA publishes the technical specifications for the Market and Credit Risk Comparative Study YE2019
Financial RegulationDomestically, the CBI issued clarification on the pre- and post-authorisation certification process for UCITS index certification or confirmation; At European level ESMA published its annual statistical report on EU AIFs on 10 January 2020.
Financial RegulationDomestically, the CBI has updated its reporting requirements for MiFID investment firms; At European level ESMA has announced its key priorities for 2020-2022, with the release of its Strategic Orientation.
Financial RegulationDomestically,the CBI has updated its Brexit FAQs for Financial Services Firms; At European level developments include the publication of a number of ECB working papers and an ECB report on less significant institutions.
Financial Regulation
Dr Vincent Power, Head of EU, Competition & Procurement provides a practical insight into the compliance and exchange of competitively sensitive information between competitors.
EU, Competition & Procurement
Last week, the Court of Justice of the European Union (CJEU), which retains jurisdiction over the UK during the Brexit transition period, handed down its eagerly awaited judgment in Sky v SkyKick. The judgment provided clarification on a number of issues relating to the registration and validity of trademarks and has provided reassurance to brand owners maintaining broad ranging trademark protecti
BelfastThe Central Bank of Ireland (CBI) contacted Irish UCITS management companies on 6 February 2020 to advise that a detailed UCITS liquidity questionnaire will become available for completion in March 2020. Recipients of the questionnaire will have about 3 weeks to complete it. The CBI included the template liquidity questionnaire in its communication and asked that it is shared with all board member
Asset Management & Investment Funds
Anna-Marie Curran, EU, Competition & Procurement Partner and Jessica Egan, EU, Competition & Procurement Solicitor provide a practical insight into public procurement in Ireland. First published in 'The International Comparative Legal Guide to: Public Procurement 2020' (12th Edition) by Global Legal Group.
EU, Competition & Procurement
In XPL Engineering ltd. V. K & J Townmore Construction ltd. [2019] IEHC 665, the High Court held that a construction dispute was within the remit of the Arbitration Act and should be referred to arbitration having regard to Article 8 (1) of the UNCITRAL Model Law on International Commercial Arbitration and the relevant arbitration agreements between the parties.
Construction
With Ireland's workforce becoming increasingly older, mandatory retirement has become a forefront issue for employers. It is featuring prominently in political campaigns leading up to the General Election with certain parties pledging to introduce reforms outlawing mandatory retirement ages if elected.
Employment
In recent years we have seen the rapid global emergence of the "gig economy". This change in the labour market has led to a flurry of judgments from the UK Courts who have had to grapple with the concept of "employment status" in cases brought against businesses such as Uber, Deliveroo, CitySprint and Weight Watchers.
Employment
