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Legal Updates & Insights

  • Article

    The Front Page, Asset Management & Investment Funds: Irish Practice Developments

    On the Domestic Front, we look at new ICAV regulations providing for BVI and Cayman as prescribed jurisdictions for ICAV migrations, Central Bank thematic review of Cyber Security and Operational Risk and draft regulations in respect of the Common Reporting Standard.

    Asset Management & Investment Funds
  • Article

    Minister for International Financial Services launches FinTech and Payments Association of Ireland (FPAI)

    On 14 September 2015, Minister of State for International Financial Services Simon Harris TD launched the FPAI, a new trade association founded to further the interests of stakeholders involved in the rapidly evolving Irish FinTech sector.

    Technology
  • Article

    Delay in investigating case leads to unfair dismissal award

    A recent case from the Employment Appeals Tribunal highlights the importance for employers of investigating any allegation of misconduct without undue delay.

    Pensions & Incentives
  • Article

    Is travel to work, “work”?

    For these workers, according to the Court of Justice of the European Union, the time taken to travel from home to the first client, and from the last client to home, should be included in the calculation of "working time".

    Belfast
  • Article

    Statutory Instrument effecting a transfer of banking business challenged

    DANSKE BANK A/S AND DECLAN CROWE & MARION CROWE [2015] This case concerned a challenge to proceedings issued by the Plaintiff against the Defendants in respect of the repayment of monies due under various loan facility arrangements.

    Finance
  • Article

    Shipping Law in Ireland 2017

    Catherine Duffy, Vincent Power and Eileen Roberts, Partners at A&L Goodbody, provide an overview of shipping law, the shipping industry, regulation and the legislative framework in Ireland. This article was first published in The Shipping Law Review 2017 (3rd Edition) by Law Business Research Ltd.

    EU, Competition & Procurement
  • Article

    Major International Maritime Law Conference

    On 5 October 2015, the European Maritime Law Organisation's Twenty- First Annual Conference will take place in Copenhagen. It will be held at the offices of The Maersk Group in Copenhagen. It will mark the start to Danish Maritime Days (5-9 October 2015).

    EU, Competition & Procurement
  • Article

    What’s new? Accruing annual leave during sick leave

    The saga of whether Irish employees are entitled to accrue annual leave during sick leave has finally come to an end.

    Employment
  • Article

    Ireland aims for the “Gold Standard of” anti-bribery laws

    Later this year Ireland is due to enact anti-bribery laws similar to those laws which are already well established in the UK and US.

    Disputes
  • Article

    No privilege in legal advice in a transaction to defraud creditors

    The English High Court in London Borough of Brent v Kane [2014] EWHC 4564 has held that legal advice taken in relation to various transactions which the claimant alleged had been made at an undervalue was not protected by privilege, as there was prima facie evidence that the purpose of the legal advice was to structure the transactions in order to allow the client to avoid or reduce the costs of a

    Disputes
  • Article

    Tracker, Financial Services Regulation & Compliance - Cross Sectoral

    On the Domestic Front: Central Bank publishes regulations for credit unions. Voluntary redress scheme for AIB customers is being set up. Central Bank publishes the third issue of Credit Union News. On the International Front: EBA to conduct further analysis on Net Stable Funding Requirements (NSFR) and Leveraged Ratio (LR).

    Finance
  • Article

    Tracker, Financial Services Regulation & Compliance - Funds

    On the Domestic Front: Central Bank updates the AIFMD Q&A. The Central bank updates the ICAV Q&A. On the International Front: ESMA launches consultation on ELTIFs. European Commission reports on its exercise of powers under UCITS IV and AIFMD.

    Finance