The controversial issue of litigation funding is continuing to tax the Irish Courts.
DisputesOn 5 October 2015 the Central Bank of Ireland (Central Bank) published new Central Bank UCITS Regulations which will commence on 1 November 2015 (CB UCITS Regulations).
Asset Management & Investment FundsThe judgment runs to 28 pages and it contains some far-reaching pronouncements on the citizen's right to privacy and the limits to state interference with that right. These aspects of the CJEU's judgment will have reverberations for years to come. However, the CJEU has made just two findings that have immediate legal consequences, namely:
TechnologyOnline travel agencies (known as “OTA”s) enable consumers to visit an OTA website to seek, compare and book rooms in various forms of accommodation (e.g., hotels, hostels and guest houses).
EU, Competition & ProcurementThe Court of Justice of the European Union (CJEU) has declared that the Commission's US Safe Harbour Decision 200/520 is invalid
GDPRThe Central Bank of Ireland (Central Bank) has published new Central Bank UCITS Regulations which will commence on 1 November 2015 (CB UCITS Regulations).
Asset Management & Investment FundsA recent decision of the Employment Appeals Tribunal (the EAT) is a good example for employers of how adhering to policies and conducting a fair and thorough investigation and diciplinary process can result in the successful defence of an unfair dismissal case.
EmploymentThe Workplace Relations Act (the "Act") is one of the biggest changes in employment law in Ireland in nearly 50 years.
Investing in IrelandThe Government has published its Legislation Programme for Autumn/Winter 2015. We have set out below a list of the key Bills of interest which are coming down the tracts, and the status of other important Bills which are currently before the Houses of the Oireachtas.
DisputesRecent high profile security incidents illustrate that no institution or business is immune from cyber attack. A cyber attack on the White House in 2014 resulted in a partial shutdown of its email system.
TechnologyOn the Domestic Front: Central Bank publishes findings of Cyber Security / Operational Risk Thematic Inspection. CCPC publish merger Q&A with Director of Legal Services. Central Bank publishes Pre-Approval Controlled Functions (PCFs) guidance for Credit Unions.
FinanceOn the Domestic Front: Central Bank issues deadlines for pre-Christmas/year-end applications. New prescribed jurisdictions for ICAV migrations. Minister for Finance passes Regulations amending the 2005 Prospectus Regulations. On the International Front: ESMA issues UCITS V implementing technical standards on penalties and measures.
Finance