On the International Front, we look at UCITS V implementing technical standards on penalties and measures, an updated list of AIFMD MoUs, an IOSCO report on peer review of regulation of money market funds, ESMA work schedules (and achievements), AML/CFT developments and we look at ESMA and IOSCO on Risk
Asset Management & Investment FundsOn 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 FundsOn 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.
TechnologyA recent case from the Employment Appeals Tribunal highlights the importance for employers of investigating any allegation of misconduct without undue delay.
Pensions & IncentivesFor 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".
BelfastDANSKE 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.
FinanceCatherine 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 & ProcurementOn 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 & ProcurementThe saga of whether Irish employees are entitled to accrue annual leave during sick leave has finally come to an end.
EmploymentLater this year Ireland is due to enact anti-bribery laws similar to those laws which are already well established in the UK and US.
DisputesThe 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
DisputesOn 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