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Legal Updates & Insights

  • 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Accountability Framework, three sets of draft Regulations and its feedback statement on the Consultation on the draft Guidance.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
  • article

    MiFID II / MiFIR Review: European Council publishes final compromise texts

    The Council of the European Union has published final compromise texts for proposed amendments to the Markets in Financial Instruments Directive and Markets in Financial Instruments, which reflect the provisional political agreement that was reached with the European Parliament in June 2023.

    Financial Regulation Advisory
  • article

    Distance Marketing in Financial Services: New Directive Finalised

    On 23 October 2023, the European Council adopted a directive concerning financial services contracts concluded at a distance, following approval by the European Parliament. This marks the final step of the EU decision-making process.

    Financial Regulation Advisory
  • article

    EU competition chief speaks about AI and competition law

    We reflect on the Director General of the European Commission’s Directorate General for Competition address on the Digitial Markets Act as well as AI. Read more.

    EU, Competition & Procurement
  • article

    FDI Screening Bill becomes law

    Ireland's Screening of Third Country Transactions Bill (now the Act) finally completed its passage through the Houses of the Oireachtas (the Irish Parliament) last week and was signed into law by the President of Ireland today (31 October 2023).

    Corporate & M&A
  • article

    Ireland’s first criminal conviction for insider dealing

    Ireland recently saw, for the first time in its history, the criminal conviction of an individual for insider dealing.

    Corporate Governance & Compliance
  • article

    Update from Central Bank Governor on IAF Guidance

    Following the publication of the Central Bank’s draft Guidance on the Individual Accountability Framework (IAF) in March 2023 and the consultation process which closed in June 2023, it appears that publication of the final Guidance and the feedback statement on the Consultation is imminent and will be published next week.

    Asset Management & Investment Funds
  • article

    Department of Finance’s Financial Consumer Protection Roadmap

    ALG's Financial Regulation Advisory team look at the developments outlined in the Financial Consumer Protection Roadmap.

    Financial Regulation
  • Article

    ELTIF 2.0 – Central Bank consultation on new ELTIF chapter of AIF Rulebook

    On 1 November 2023, the Central Bank of Ireland published Consultation Paper 155 on a proposed new European Long Term Investment Fund chapter of the Central Bank’s AIF Rulebook.

    Asset Management & Investment Funds
  • Article

    Bus competition case to go ahead in Irish criminal court in 2025

    A case involving alleged bid-rigging by some local bus operators is scheduled for 2025. Read more here.

    EU, Competition & Procurement