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Legal Updates & Insights

  • Article

    Audit clauses and contractual construction: the (Paddington) bare facts

    Paddington Bear, the friendly spectacled bear from “darkest Peru”, has a habit of getting into trouble. However, it was Paddington and Company Limited and Pixdene Limited that got into a sticky situation in relation to an audit clause in their contract. Read more

    Belfast
  • publication

    New landmark judgment: The Supreme Court rules on pizza delivery drivers’ employment status

    Issues involving whether a worker is engaged under a contract of service (as an employee) or a contract for services (as an independent contractor) occur in a wide range of different legal contexts and have been the subject of many decisions handed down by various bodies over the years. Read the latest update here.

    Employment
  • Article

    ESMA Guidelines on MiFID II product governance requirements now applicable

    ESMA’s new Guidelines on MiFID II product governance requirements came into effect on 3 October 2023.

    Financial Regulation
  • publication

    The Online Safety Act in focus: key challenges, implementation, and navigating Ofcom’s approach

    On 26 October 2023, the UK’s Online Safety Act received Royal Assent. Read more on the implications of this here.

    Belfast
  • publication

    ESMA Guidelines on Certain Aspects of MiFID II suitability requirements now applicable

    ESMA’s new Guidelines on certain aspects of the MiFID II suitability requirements came into effect on 3 October 2023.

    Financial Regulation
  • article

    Foreign subsidies: mandatory notification regime now live

    The mandatory notification regime under the EU’s Foreign Subsidies Regulation (the FSR) went live on 12 October 2023.

    Corporate & M&A
  • article

    The draft Green Public Procurement Strategy and Action Plan

    Anna-Marie Curran, Partner looks at the draft Green Public Procurement Strategy and Action Plan

    Climate Action
  • article

    The UPC – an Irish perspective

    1 June 2023 marked a significant step forward for patent protection and enforcement in Europe with the commencement of the Unified Patent system. It created a Unitary Patent, that provides uniform protection and equivalent effect across all participating Member States under the jurisdiction of one court, the Unified Patent Court.

    Technology
  • Article

    Financial Services Regulation and Compliance - Investment Firms September 2023

    At European level, the ESAs published a joint report on the extent of voluntary disclosure of PAI’s under SFDR.

    Asset Management & Investment Funds
  • Article

    Financial Services Regulation and Compliance - Funds September 2023

    Domestically, the CBI Director of Securities and Markets delivered a speech on sustainable finance in practice for fund managers. At European level, the European Commission launched a consultation on SFDR implementation.

    Asset Management & Investment Funds
  • Article

    Financial Services Regulation and Compliance - Banking and Payments September 2023

    Domestically, the CBI published its Regulatory Service Standards Performance Report for January - June 2023. At European level, the ECB issued Decisions and a Regulation concerning the Single Supervisory Mechanism.

    Finance
  • Article

    Financial Services Regulation and Compliance - Insurance September 2023

    Domestically, the CBI published its Insurance Quarterly Newsletter and Insurance Corporation Statistics for Q2 2023. At European level, EIOPA launched a survey on access to cyber insurance and appointed new members to the Management Board.

    Finance