Domestically, the CBI has published a revised Standard Financial Statements to assist borrowers in financial distress.; At European level the EBA has published it opinion on the scale and impact of de-risking in the EU, as well as guidelines for institutions and resolution
FinanceSeveral western countries have threatened punitive economic and trade sanctions against Russia in response to its build up of military troops on the Ukrainian border.
DisputesThe Commercial Court has issued its third judgment in the FBD Business Interruption Proceedings
DisputesAnticipated regulations to establish a central database of information on safe-deposit boxes and payment accounts have been published.
FinanceThe Commercial Court has recently delivered judgment in Irish Airline Pilots Pension DAC v Mercer [2022] IEHC 22 which considered the approach that a court will take in interpreting an agreed category of discovery in circumstances where there is a dispute regarding the extent of the relevant category.
DisputesThe Regulation of Providers of Building Works Bill (the Bill) continues its progress through the Irish legislature and has now reached the Committee stage (the third stage, before the Dáil).
ConstructionAs employers will be aware, with effect from 24 January 2022 the government changed its advice in relation to the requirement for home working to allow a phased return to physical workplaces.
EmploymentOn Sunday, 30 January 2022, Ireland's Enterprise Minister and Deputy Prime Minister, Leo Varadkar TD, announced the unveiling of the Competition (Amendment) Bill 2022.
EU, Competition & ProcurementOn 10 September 2021, the UK government’s Department for Digital, Culture, Media and Sport ('DCMS') published their proposed reforms to the UK’s data protection regime in a document entitled, Data: A new direction.
BelfastPRIIPs KID deadlines, CSA on valuation of UCITS and open-ended AIFs, UCITS investment restrictions, UCITS hedged share classes, marketing of new share classes cross-border, AIFM investment in crypto-assets, reverse solicitation, EU AML list of high risk third countries
Asset Management & Investment FundsDeadlines, fees for non-discretionary investment advisors providing services to a QIAIF, performance fees in multi-manager UCITS and RIAIFs, outsourcing, board meetings and tax residence, company law flexibility measures, CBI Markets Update, IF FAQs on EU Taxonomy
Asset Management & Investment FundsFollowing on from the sudden lifting of many public health restrictions and amongst a flurry of media attention arising from reports of employees being overwhelmingly in favour of continuing to work from home, the draft scheme of the Right to Request Remote Working Bill 2022 was published this week.
Employment
