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Legal Updates & Insights

  • Article

    OECD Inclusive Framework Agreement reached on BEPS 2.0

    There has been a further breakthrough in the process to reach international agreement on the BEPS 2.0 proposals, aimed at  addressing  the tax challenges arising from the digitalisation of the economy. 

    Tax
  • Article

    IFD / IFR in summary

    The Investment Firms Directive and Investment Firms Regulation puts in place a new prudential framework for investment firms, this article assesses the key takeaways for investment firms.

    Financial Regulation
  • Article

    Transformational Climate Bill set to become law in Ireland soon!

    The Climate Action and Low Carbon Development (Amendment) Bill 2021 (the Bill) was published on 23 March 2021 and passed the Second Stage in the Seanad on 25 June 2021. It is expected to become law later this month, July 2021.

    Climate Action
  • article

    Recent High Court decision clarifies the concept of ‘fixed-term employee’

    The Protection of Employees (Fixed-Term Work) Act 2003 (the Fixed-Term Work Act) provides fixed-term, or temporary, employees with various rights and entitlements.

    Employment
  • publication

    Hospitality and Licensing - Modernising NI Liquor Licensing 

    A Bill aimed at modernising liquor licensing legislation in Northern Ireland has passed the final stage in the Assembly. The Bill, announced yesterday by Communities Minister Deirdre Hargey, will introduce later hours of service for pubs and hotels and remove restrictions on Easter opening hours.

    Betting, Gaming & Liquor Licensing Belfast
  • article

    UK Adequacy Decisions adopted by European Commission

    The EU Commission has formally adopted two UK adequacy decisions, one under the GDPR and the other under the Law Enforcement Directive (LED).

    Technology
  • Article

    Asset Management & Investment Funds: EU & International Developments - Jun 2021

    New SCCs for the transfer of personal data to third countries, Distance Marketing, ESMA's Annual Report on its work in 2020, ESMA's list of AIFMD MoUs signed by the EU authorities , EU Taxonomy

    Asset Management & Investment Funds
  • Article

    Asset Management & Investment Funds: Irish Practice Developments - Jun 2021

    CBI AML/ CTF guidelines, beneficial ownership of ILPs/ CCFs, CBI AIFMD Q&A, CBI UCITS Q&A, CBI Markets Update, CBI Fitness & Probity interview guide, CBI performance statement 2020 – 202, AML/CTF

    Asset Management & Investment Funds
  • article

    Brexit update on trends and developments for Debt Capital Markets

    We have summarised below two Brexit related topics currently relevant in the Irish market and which we expect will continue to be an area of focus in the short-to-medium term.

    Brexit
  • article

    Dawn Raids in the lockdown era – the risk is still real

    Anyone who is tempted to breach competition law and expect to get away with it because of the Lockdown should think twice.

    EU, Competition & Procurement
  • article

    Central Bank issues revised AML/CFT Guidelines

    A revised version of the Central Bank's Anti-Money Laundering and Countering the Financing of Terrorism Guidelines for the Financial Sector (the Guidelines) was published on 23 June 2021.

    Financial Regulation
  • article

    Sweetman v An Bord Pleanala & Ors – does it cast doubt on the use of a design envelope approach?

    The recent High Court case of Sweetman v An Bord Pleanála, Ireland and the Attorney General and Bord Na Mona Powergen Limited has the potential to create uncertainty relative to the use of a design envelope approach.

    Environmental & Planning