Domestically, the General Scheme of Insurance (Miscellaneous Provisions) Bill 2021 was published; At European level, EIOPA commented on Solvency II proposals from the European Commission and separately, EIOPA set out its strategic priorities for the coming year.
Financial RegulationDomestically, the CBI published the second edition of its Approach to Resolution for Banks and Investment Firms; At European level, the European Commission adopted its 2022 Work Programme and Commissioner Gentiloni spoke at the Eurogroup press conference.
Financial RegulationDomestically, the CBI issued its latest markets update, Issue 13 2021, and separately published an updated Beneficial Ownership Register FAQ; At European level, ESMA is seeking stakeholder input on shaping advice on retail investor protection.
Asset Management & Investment FundsDomestically, Director General Derville Rowland spoke on the importance of clear standards of conduct, accountability, and robust enforcement mechanisms; At European level, the European Commission adopted a review of EU banking rules.
FinanceThe Central Bank of Ireland (CBI) published its new Strategy document (the Strategy) which will be effective from January 2022.
Asset Management & Investment FundsThe construction sector has welcomed the easing of COVID-19 restrictions since April as sites have fully re-opened across the country. However, despite the surge in activity, the industry now faces new problems in the form of price inflation.
ConstructionDawn raids are well-known in competition or antitrust law cases, however they can also arise in consumer law cases in Ireland.
EU, Competition & ProcurementOn 3 November 2021, the Central Bank of Ireland (CBI) published its anticipated "Dear CEO" letter on climate and ESG issues.
ESG & SustainabilityThe High Court has issued an important decision regarding applications for planning permission for projects, which are based on a "design envelope" approach.
Environmental & PlanningOn 14 October 2021, Ms Justice Costello in the Court of Appeal (COA) delivered her judgment in Heather Hill Management Company CLG and Anor v An Bord Pleanála [2021] IECA 259, overturning an earlier decision of the High Court.
Environmental & PlanningAn outline of the long anticipated legislation to reform Irish gambling laws and establish an independent gambling regulator has now been published. The 224 page General Scheme of the Gambling Regulation Bill was unveiled on 21 October 2021 by James Browne TD, the Minister of State at the Department of Justice who has been tasked with responsibility for gambling law reform.
Betting, Gaming & LicensingOn 20 October 2021, the General Scheme of the Insurance (Miscellaneous Provisions) Bill 2021 (the Bill) was published.
Insurance & Reinsurance
