On the Domestic Front: Supreme Court find that investment via an insurance bond is not an insurance contract; The Civil Liability (Amendment) Bill 2017 paves way for periodic payment orders. On the EU Front: EU and US bilateral (re)insurance agreement concluded; Insurance Europe expresses concern regarding proposed European Services e-card.
Financial RegulationOn the Domestic Front: Banking and Payments Federation Ireland publish monthly newsletter; Central Bank publishes updated explanatory note on the AnaCredit Regulation regarding high-level requirements and scope. On the EU Front: European Banking Federation publishes revised European Interbank Compensation Guidelines 2017; European Banking Authority updates Single Rulebook Q&A
FinanceA&L Goodbody has become the first Irish law firm to successfully obtain approval of an Irish UCITS sub-fund to trade in China A Shares via both the Shanghai-Hong Kong Stock Connect and Shenzhen–Hong Kong Stock Connect platforms.
Asset Management & Investment FundsOn 30 January 2017, ESMA published its long awaited opinion on the use of share classes in a UCITS investment fund in response to the ESMA Discussion Paper on Share Classes of UCITS (the Opinion). T
Asset Management & Investment FundsThe Central Bank of Ireland (the Central Bank) commenced its review of fund management companies in September 2014 and issued its final guidance on 19 December 2016.
Asset Management & Investment FundsThe Central Bank of Ireland (the Central Bank) commenced its review of fund management companies in September 2014 and has now issued its final guidance.
Asset Management & Investment FundsAlison Fanagan, a consultant with A&L Goodbody, who specialises in environmental law, explains the concept of environmental prosperity agreements which are being pioneered in Northern Ireland and asks if the EPA would be willing to try something similar here. This article was first published in January/February 2017 edition of The Health & Safety Review.
Energy & Natural ResourcesCP86 Transition
Asset Management & Investment FundsThe Government approved the drafting of the Criminal Justice (Money Laundering and Terrorist Financing (Amendment) Bill along the lines of this General Scheme on 20 December, 2016.
Asset Management & Investment FundsOn the International Front we look at the ESMA Opinion on UCITS Share Classes, PRIIPs Regulation, FSB recommendations to address structural vulnerabilities from asset management activities, ESMA opinion on impact of exclusion of fund managers from scope of MiFIR intervention powers and AML/CFT developments.
Asset Management & Investment FundsIn Irish practice developments: Some Approaching Deadlines; the new AIF Rulebook, Central Bank AIFMD Q&A, Feedback Statement on CP105: Amendment to UCITS Regulations, address by Gerry Cross (Central Bank Director of Policy & Risk)...
Asset Management & Investment FundsThis case concerned an application by the official liquidator of a Company for final orders including an order determining the applicant's remuneration in the sum of €558,750.76.
Disputes