It has been reported in Irish media that on 28 April 2022, the Central Bank of Ireland (CBI) lodged High Court proceedings to confirm an assessment that an individual engaged in insider dealing, contrary to the Market Abuse regulations.
DisputesAs highlighted in our previous publication, the protection of consumers amid the changing retail banking landscape (resulting from the scheduled exits of KBC Ireland plc and Ulster Bank Ireland DAC), is a top priority for the Central Bank of Ireland (CBI) this year.
Financial RegulationOn 5 May 2022, the European Commission announced that it had authorised Italy, under EU State aid law, to operate a €119m scheme to support cabotage and other maritime services because of the impact of COVID-19.
EU, Competition & ProcurementAs highlighted in our previous publication, driving fair outcomes for consumers and investors, and for their interests to be at the centre of financial services, is an evergreen priority for the Central Bank (CBI).
Financial RegulationIn this publication we look at the principal features of the UTP Regulations, as well as the manner in which they will be impacted by the enactment of the Agricultural and Food Supply Chain Bill 2022 (Bill).
ESG & SustainabilityOn 27 April 2022, the European Commission approved Irish State aid worth €18m to support the road haulage sector given the Ukrainian crisis.
EU, Competition & ProcurementOn 19 January 2022, the European Parliament published its draft amendments to the European Commission's proposed General Product Safety Regulation (GPSR).
DisputesThe publication of the Consumer Rights Bill (the Bill) on 22 April 2022 is a major step which is likely to lead to a significant reshape of the consumer law framework in this jurisdiction.
DisputesIn a welcome development, the Department of Enterprise, Trade and Employment (the DETE) has announced the extension of the temporary provisions of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (the Act) until 31 December 2022.
Corporate & M&AIn a recent important judgment (Ulster Bank DAC and Ors v McDonagh and Ors [2022] IECA 87), the Court of Appeal (the Court) confirmed that the Civil Liability Act, 1961 (the CLA) does not apply to debt recovery cases as they are not considered actions for "damages".
DisputesAnnual General Meetings (AGMs) can be challenging as the shareholders of a company get to voice their concerns on how the business is being run.
Corporate & M&AUCITS SFDR sustainability revisions, SFDR, MMFR, ETFs, liquidity, data privacy, AML
Asset Management & Investment Funds
