Have your Irish employees been granted or exercised share options during 2014? If so, you need to be aware of a new electronic filing system that Irish Revenue has introduced for tax year 2014 onwards.
Pensions & IncentivesTonnage tax regimes are increasingly common worldwide. Under such schemes, shipping companies are taxed on the basis of the tonnage of their fleets rather than the actual profits of the companies
EU, Competition & ProcurementThe Circuit Court has dismissed Mr Shatter's appeal against the Data Protection Commissioner's (the DPC) decision that he breached the Data Protection Acts 1988 and 2003 (the DPAs), by disclosing Mr Wallace's personal information on RTE's Prime Time.
TechnologyIt is very likely that new rules will be put in place for the grocery sector. The Minister for Jobs, Enterprise and Innovation has published a draft of the proposed statutory instrument which will set out the rules. The Minister has asked for comments on the draft by the end of February. This A&L Goodbody client bulletin sets out key points of the proposed statutory instrument.
EU, Competition & ProcurementCBI publishes revised version of the Consumer Protection Code; The Consumer Protection Bill 2015 has been published; CBI publishes Patrick Honohan's speech from IMF-CEPR CBI Conference and its first issues of its Markets Update for 2015
FinanceUpdated Central Bank AIFMD Q&A; Central Bank AIFMD Reporting; ESMA Discussion Paper on UCITS Share Classes, Q&A on ETFs and other UCITS issues and Q&A on the Application on the AIFMD; AIFMD Reporting by national competent authorities to ESMA; MMF Regulation.
FinanceCBI has issued a notice for users of Derivatives in Ireland; ISE publishes its review of 2014; ESMA to cooperate with Hong Kong SFC on CCPs; ESMA publishes an opinion on draft RTS on the clearing obligation for interest rate swaps.
FinanceReminder - revised Corporate Governance Code; Department of Finance: Dataset on mortgage arrears and restructures; CBI: new regulations on residential mortgage lending and publishes passporting notification forms for credit institutions
FinanceReminder - revised Corporate Governance Code; Solvency II – Commission Delegated Regulation comes into force; EIOPA Solvency II publications and update on Solvency II reporting formats; ECB Regulation; EIOPA updates regarding use of LEIs and updates risk dashboard; Focus on private motor insurance market in the UK; UK FOS - latest edition of Ombudsman News...
FinanceThis case concerned an application for summary judgment against two of the defendants.
FinanceSpeaking at the 8th National Data Protection Conference, on 28 January 2016, the Data Protection Commissioner (the DPC) warned that in 2016 her office intends to audit insurance companies offering telematics boxes to assess their compliance with data protection legislation.
Privacy & Data SecurityIn Patrick O'Leary Trading as O'Leary Lissarda v John Ryan [2015] IEHC 820 the Irish High Court considered an application for an order pursuant to Articles 34(2)(a)(ii) and (iii) of the UNCITRAL Model Law to set aside an arbitral award.
Disputes