In his budget speech on 10 October 2017, the Minister for Finance Paschal Donohoe announced that a new tax incentive is being introduced to facilitate the use of share-based remuneration by unquoted small and medium enterprise (SME) companies to attract key employees.
Corporate & M&AAt its plenary meeting this month, the WP29 adopted the final version of its Data Protection Impact Assessment guidelines.
At its plenary meeting this month, the WP29 adopted the final version of its Data Protection Impact Assessment (DPIA) guidelines.
It also adopted draft guidelines on data breach notification and profiling, and administrative fines, which will be open
Commercial ContractsThis article describes some of the additional duties and requirements arising under the Companies Act for directors, especially those of larger companies and also provides some guidance on steps which directors should consider taking now that the Act is in force since 1 June 2015 to comply for the new regime.
Companies ActAs readers of this site will be aware, the Companies Act requires the conversion of all existing private limited companies to a company limited by shares ("CLS" or "LTD"), a designated activity company ("DAC"), or another company type.
Companies ActThe Mediation Act 2017 was signed into law on 2 October 2017 and is expected to come into force in the coming weeks.
DisputesFurther to our recent update, the Minister of State in the Department of Justice and Equality, Mr. David Stanton, has expressed an intention to bring forward the long awaited Gambling Control Bill (the GCB) by the end of 2017. The Government's Legislation Programme for Autumn 2017 notes that work is underway on the GCB. However, there has been no further information on when the draft of the GCB..
Betting, Gaming & LicensingThe Irish Competition Authority regularly dawn-raids businesses, professional bodies, trade associations and homes. Everyone in business in Ireland needs to be briefed on how to deal with such unannounced visits. A&L Goodbody’s EU, Competition & Procurement Group briefs you on what you need to know.
EU, Competition & ProcurementOn the Domestic Front: Markets Update Issue 7 2017; Central Bank publishes Feedback Statement to Consultation Paper 95 – Funding the Cost of Financial Regulation. On the EU Front: European Commission publishes proposed reforms to foster CMU and financial integration; EBA and ESMA have published their joint guidelines to assess the suitability of members of management bodies and key function holder
FinanceOn the EU Front: ESMA and the NCA's agree work plan on MiFID II pre-trade transparency waivers and position limits; ESMA updates Q&A on MiFID II implementation.
FinanceOn the Domestic Front: Life Assurance (Provision of Information) Regulations amended to avoid duplication with the PRIIPs Regulation; Central Bank publishes Insurance Quarterly Newsletter. On the EU Front: European Commission adopts Delegated Regulations supplementing the Insurance Distribution Directive; Insurance Europe recommends grandfathering of existing insurance contracts post-Brexit.
FinanceOn the Domestic Front: Irish Funds MiFID II Q&A. On the EU Front: EuVECA and EuSEF Regulations.
FinanceOn the Domestic Front: Central Bank publishes updated guidance on Fitness and Probity for Credit Unions; Central Bank publishes Addendum to the Individual Questionnaire for Credit Institutions. On the EU Front: European Banking Authority publishes guidelines on internal governance under Directive 2013/36/EU; European Banking Authority publishes final technical standards on MREL reporting by resolu
Finance
