On 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
FinanceEmployers should note the following recent changes in the context of maternity, immigration and collective redundancies: Longer maternity leave and benefit, changes to the notification procedures for collective redundancy, and change to Graduate Work Permit Eligibility.
EmploymentThe perils of making a declaration of solvency by company directors, without reasonable grounds.
Corporate Governance & ComplianceIn a much anticipated judgment, the Irish High Court yesterday decided to ask the Court of Justice of the European Union (CJEU) to rule on the validity of Standard Contractual Clauses (SCCs).
Commercial ContractsThe UK Information Commissioner’s Office (ICO) is consulting on draft GDPR guidance on contracts and liabilities between controllers and processors.
TechnologyThe U.S. Federal Trade Commission (FTC) announced on 8 September that three U.S. companies have agreed to settle FTC charges that they misled consumers, by falsely claiming they were certified to participate in the Privacy Shield.
TechnologyMarie O'Brien, Partner and Head of A&L Goodbody's China Business Group looks at why companies choose Ireland as their platform for international expansion and outlines key questions these companies look at when considering Ireland as a location.
Investing in IrelandThe Home Office has recently published updated guidance for employers carrying out right to work checks. It is vital that those who are responsible for carrying out right to checks familiarise themselves with the updated guidance to ensure that checks are being carried out correctly and in accordance with the new guidance. This is a statutory requirement that is met with civil penalties if breache
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