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Legal Updates & Insights

  • Article

    Financial Services Regulation and Compliance - Insurance October 2023

    Domestically, the MoU for reporting insurance fraud has been agreed between An Garda Siochana, Insurance Ireland and Alliance for Insurance Reform. At European level, EIOPA published its Work Plan for 2024-2026.

    Finance
  • Article

    Financial Services Regulation and Compliance - Funds October 2023

    Domestically, the CBI published Consultation Paper 155 on a proposed new ELTIF chapter to be included in its AIF Rulebook. At European level, the ESMA sees an increase in the use of ESG-related language in the EU fund industry.

    Asset Management & Investment Funds
  • Article

    Financial Services Regulation and Compliance - Banking and Payments October 2023

    Domestically, the European Union (Bank Recovery and Resolution) (Amendment) Regulations 2023 come into force in November. At European level, the Basel Committee issues a report on the 2023 banking turmoil.

    Finance
  • Article

    Whistleblowing in Ireland – the next batch of employers soon to be in scope!

    Ireland’s whistleblowing regime has changed significantly as a result of the transposition of the EU Whistleblowing Directive on 1 January 2023 by means of the Protected Disclosures (Amendment) Act 2022 (the Act). Read more about the upcoming changes here.

    Employment
  • article

    ECB enters next phase for digital euro: The preparation phase

    On 18 October 2023, the European Central Bank took another step towards launching the digital version of the euro. Read more.

    Financial Regulation Advisory
  • article

    High Court and Court of Appeal update and confirm law on Norwich Pharmacal relief in Ireland

    Two recent judgments of the Irish Courts provide helpful guidance on the scope of the Norwich Pharmacal (NP) jurisdiction in Ireland. On the one hand, they confirm that NP relief is exceptional and will only ordinarily be limited to an order requiring the disclosure of information identifying prospective defendants.

    Disputes
  • article

    Workplace Leave Entitlements: what changes are on the horizon?

    The Minister for Children, Equality, Integration and Youth has indicated that the provisions of the Work-life Balance and Miscellaneous Provisions Act 2023 (the WLB Act) regarding domestic violence leave will commence from Monday 27 November 2023. Read more here.

    Employment
  • article

    Commencement dates for new lobbying rules in 2024

    On 15 November 2023, the Government announced the signature of the commencement order for the Regulation of Lobbying and Oireachtas Act 2023. Read more

  • article

    Gender Pay Gap Reporting: Where are we now?

    The Gender Pay Gap Information Act and Regulations require employers with 250 or more employees to publish details of the gender pay gap (GPG) in their organisation by this December. Read more here.

    Employment
  • article

    Central Bank of Ireland timeframes for applications with a year-end effective date

    Central Bank of Ireland (CBI) issued details of its deadlines for receipt of applications that have pre-Christmas or pre year-end approval deadlines.

    Asset Management & Investment Funds
  • article

    Central Bank publishes Final Guidance on the IAF

    Today, the CBI has published its finalised Guidance on the Individual Accountability Framework, three sets of draft Regulations and its feedback statement on the Consultation on the draft Guidance. Read our update here.

    Asset Management & Investment Funds
  • article

    Competition law in Ireland: new legislation; new chairperson; and now, a new strategy statement

    A&L Goodbody's EU, Competition & Procurement team take a look at competition law in Ireland in 2023

    EU, Competition & Procurement