The Central Bank of Ireland (Central Bank) has issued details of its deadlines for receipt of applications: for approval of fund and sub-fund applications that have pre-Christmas or pre year-end approval deadlines (this includes self-managed/internally managed investment company/ICAV applications and risk management processes); and for approval of post-authorisation amendments that have pre-Christ
Asset Management & Investment FundsIn Connolly v FAS & Anor [2017] IEHC 472, the High Court held that a machine was a defective product even though it had been certified by an independent certifying authority in France in 2010, as meeting the European Machinery Directives, and its design complied with European standards.
DisputesIn my August blog, I discussed some of the regulatory risks associated with raising capital in the EU through initial coin offerings (ICOs). Since publishing that blog, a lot has been happening in the world of cryptocurrencies and token sales, and the global regulatory environment for ICOs has become more uncertain than ever.
TechnologyEuropean Union negotiations with the US government for an international data protection framework agreement in the law enforcement area have been finalised.
TechnologyOn Wednesday 5 April 2017, A&L Goodbody hosted an ICBA Breakfast Seminar in our Dublin Office.
TechnologyAn update on mergers that are required to be notified to the CCPC in 2017 to date.
EU, Competition & ProcurementThe Data Protection Commissioner (DPC) has called for submissions on issues of Transparency and International Data Transfers under the GDPR.
EU, Competition & ProcurementThe General Data Protection Regulation (GDPR) will automatically come into force across the EU on 25 May 2018. As the deadline fast approaches, Member States are busy progressing their draft implementing legislation. Article 23 of the GDPR provides Member States with discretion over how certain provisions will apply.
EU, Competition & ProcurementNews reports have confirmed that on Wednesday 26 July, after a public consultation period on the issue, the Irish Government have agreed to set the digital age of consent at 13 years of age. Article 8 of the General Data Protection Regulation (GDPR) provides that a child under the age of 16 cannot consent to the processing of their personal data without the express consent of their parents.
GDPRIn Allied Irish Bank Plc v O'Donovan & anor [2017] IEHC 494, High Court, Eagar J, 27 July 2017 AIB sought summary judgment against the defendants, who were formerly partners in a law firm.
FinanceElaine Keane, Asset Management & Investment Funds Partner and Shane Coveney Asset Management & Investment Funds Associate look at the revision and extension of China’s Stock Connect scheme which presents a significant opportunity for investors to establish and use Irish domiciled funds to gain direct exposure to mainland China securities. This article was first published in the 2017 Asia Ireland B
Asset Management & Investment FundsIn Cronin v Tanager Ltd [2016] IEHC 803, High Court, Twomey J, 29 February 2016 the plaintiff appealed a Circuit Court order for possession of his family home granted to Bank of Scotland.
Restructuring & Insolvency