On the Domestic front the Central Bank proposes new rules in intermediary inducements, consults on the approach to third-country branches and proposes new insurance renewal requirements. At a European level, EIOPA consults on second set of advice on the Solvency II Delegated Regulation.
Financial RegulationThis update covers CBI updates of AIFMD and UCITS Q&As, CBI letter to industry on Brexit preparedness, ESMA updates of Q&As on AIFMD and UCITS, Money Market Funds,, EuVECAs and EuSEFs, ESMA work on charges and mutual fund returns, and IOSCO.
Financial RegulationThis month the Commission and the ECB undertook its eighth post-programme surveillance mission to Ireland which highlighted that the Irish economy will continue to remain strong in the short term but risks do remain which are primarily linked to the outcome of the negotiations of Brexit and the increase of property prices.
Financial RegulationIrish politicians and diplomats did a superb job at landing a very good Phase 1 Report on the Brexit talks.
BrexitEuropean Commission and UK report sufficient progress made on Phase 1 of the Brexit Talks
BrexitHere's a reminder to employers that their Christmas events are workplace events and that a reasonable investigation is necessary even where serious misconduct is admitted.
EmploymentA recent High Court decision indirectly calls into question the constitutionality of the current mandatory reporting requirement regarding information about 'white collar crimes' which may have been committed by other parties. We explain what this decision means for those who have such information.
DisputesHow do I assess whether an Irish regulated fund is in scope to produce a PRIIP KID from 1 January 2018?
Asset Management & Investment FundsFrom an international perspective, we look at ESMA Q&As on the AIFMD and the UCITS Directive, MMFs, EuVECAs and EuSEFs, MiFID II and MiFIR, ESMA on charges and mutual fund returns, ESMA speech, initial coin offerings, IOSCO on termination of investment funds, IOSCO's fourth hedge fund survey and AML/CTF
Asset Management & Investment FundsFrom an Irish practice and domestic perspective, we look at some approaching compliance deadlines, Central Bank Christmas deadlines, Central Bank Markets Update, Central Bank ETF conference, MMIF Regulatory Reporting and a Central Bank AML Bulletin.
Asset Management & Investment FundsMaria McElhinney, Finance Partner, New York, outlines why Ireland is a jurisdiction of choice and gateway to Europe for many US financial institutions.
BrexitNew figures released by the Department of Social Protection show that over 27,000 fathers (or "relevant parents") in Ireland have taken statutory paternity leave since the introduction of this benefit via the Paternity Leave and Benefit Act 2016 (the Act). However, the question as to whether employers who "top-up" the State maternity benefit are now required to similarly top-up the relatively new
Employment