Domestically, the CBI published its cross industry guidance on operational resilience and feedback statement, published its cross industry guidance on outsourcing and feedback statement; At a European level, the EBA published a consultation paper on draft regulatory technical standards for crowdfunding service providers, Christine Lagarde delivered welcoming remarks at the Fifth Annual Conference
Financial RegulationDomestically, the CBI issued a "Dear CEO" Letter addressed to MiFID authorised firms and credit institutions offering MiFID investment services; At European level the EBA published consultation papers on RTS and guidelines on liquidity requirements for investment firms, ESMA issued Guidelines on methodology
Asset Management & Investment FundsDomestically, the CBI issued a "Dear CEO" letter to payment and e-money firms, and commenced a public consultation into the next phase of mortgage measure framework review; At European level, the EBA issued a report on the application of guidelines on the remuneration of sales staff, the ECB published its supervisory priorities for 2022 – 2024, and the EBA published a revised guide to "fit and pro
Financial RegulationThe decision in John Paul Construction Limited v Tipperary Co-Operative Creamery Limited [2022] IEHC 3 relates to an application for leave to enforce an adjudicator's decision pursuant to the Construction Contracts Act 2013 (the Act).
ConstructionThe CJEU recently issued its long-anticipated ruling on the EU's Blocking Regulation in the Bank Melli case, which concerned the USA's Iranian sanctions regime.
DisputesThe High Court (Butler J) has delivered judgment in Scanlan v Gilligan and Ors [2021] IEHC 825 in which the fourth to seventh defendants applied for an Isaac Wunder order against the plaintiff.
DisputesThe UK Government has revised its public procurement contract value thresholds effective from 1 January 2022. The new thresholds will apply to in-scope contracting authorities across the UK, including in Northern Ireland.
BelfastThe NI energy industry received an early Christmas present when the NI Executive published the new Energy Strategy (or "Path to Net Zero Energy") in late December last year.
BelfastOn 17 December 2021, the Central Bank of Ireland (CBI) published its finalised cross-industry guidance on outsourcing (the Guidance), which applies to all regulated firms, including (re)insurers and (re)insurance intermediaries.
Insurance & ReinsuranceThe Maritime Area Planning Act (the MAP Act) has now been passed by both houses in the Irish legislature and was signed into law by the President on 23 December 2021.
Energy & Natural ResourcesWhile the continued impact of EU competition law on big tech in particular, dominates the headlines - and will probably do so into 2022, including the Digital Markets act - there has been a flurry of very recent State aid decisions by the European Commission (Commission) and activity before the EU Courts (both pandemic and non-pandemic related).
EU, Competition & ProcurementThe Planning and Development (Amendment) (Large-scale Residential Development) Act 2021 (the LRD Act) has been enacted and is due to commence.
Environmental & Planning