On 20 May 2015 the Minister for Finance published the European Union (European Venture Capital Funds) Regulations 2015 (SI 167/2015). This legislation designates the Central Bank as the Competent Authority for the purposes European Venture Capital Funds Regulations (the EuVECA Regulations - Regulation (EU) No 345/2013).
Asset Management & Investment FundsMark Rasdale, Partner in A&L Goodbody's IP & Technology group, looks at some recent key developments in relation to data protection, cybercrime and cyber security in Ireland. This was published in the European Data Protection Update in June 2015.
TechnologyOn 20 May 2015 the Minister for Finance published the European Union (European Venture Capital Funds) Regulations 2015 (SI 167/2015)
Investing in IrelandTougher curbs on migration from outside the European Union have already had a significant impact on the numbers of students and family members travelling from countries such as India and Pakistan.
Pensions & IncentivesDr Vincent Power, examines the Irish regime relating to cartels and leniency in Ireland.
EU, Competition & ProcurementLars Frisell, advisor to the Governor of the Central Bank of Ireland, gave an address entitled 'Resolution of the Irish banking crisis: Hard-earned lessons for Europe' to the Financial Safety Net Conference in Sweden.
FinanceIn its report, the CBI discusses the improvements that the Irish economy and banking sector were displaying throughout 2014 and continue to display.
FinanceA new process for submitting the net asset values (NAV) for listed investment funds will be implemented by the Irish Stock Exchange (ISE) in September 2015. Currently NAVs are submitted by email to nav@ise.ie or autonav@ise.ie.
FinanceThe CBI and ISE have published their responses to the European Commission's green paper on building a Capital Markets Union (CMU).
FinanceOn 14 May 2015, CBI advised that it is open to receive formal submissions of Solvency II preparatory phase reporting. I
FinanceAn overview of the nature and extent of securities litigation in Ireland.
DisputesIn El Majdoub Jaouad El Majdoub v CarsOnTheWeb.Deutschland GmbH [2015] (C-322/14) (21 May 2015) the Court of Justice of the European Union (the CJEU) ruled that the method of accepting general terms and conditions of a contract for sale (which includes a jurisdiction clause) by 'click-wrapping', complied with the formalities set out in Article 23 of the Brussels I Regulation.
Disputes
