29/07/2021 - Such was the nature of the rapid escalation of the Covid-19 pandemic and the implementation of the Government’s restrictions in March 2020, many employers implemented temporary remote working arrangements in an unplanned and urgent manner.
29/07/2021 - The Companies (Rescue Process for Small and Micro Companies) Bill 2021 (Bill) detailing the government's proposed rescue process for small and micro companies (SCARP) has successfully passed through the Oireachtas and is expected to be signed into law shortly by the President. The legislation will be commenced at a future date by the Minister.
29/07/2021 - Since 1 January 2021, Regulation (EU) 1215/2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (Brussels Recast) and the 2007 Convention on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (Lugano Convention) no longer apply to the UK.
27/07/2021 - On 19 May 2021, the Irish legislature passed a financial resolution introducing a new stamp duty rate of 10% targeted at the “bulk buying” of certain residential units.
27/07/2021 - The Irish government's Summer Legislative Programme 2021 prioritised the introduction of a statutory sick pay scheme for Ireland and on 9 June 2021, the government announced its approval for the drafting of the General Scheme of the Sick Leave Bill 2021 (the Bill).
07/07/2021 - After months of parabolic gains, recent turbulent events have shook the cryptocurrency market.
07/07/2021 - In the first quarter of 2021 and of relevance to Irish regulated property funds, the following were published by the Central Bank:
29/06/2021 - The Planning and Development (Amendment) (No. 3) Bill 2021 is being expedited through the legislative process. It will provide for extensions to a number of time limits, including for the passing of development plans. Importantly however it will also allow for extensions, or additional extensions, to existing planning permissions to allow projects be completed.
29/06/2021 - Reform of the Irish criminal justice system, through the actions outlined in the Government's Action Plan to tackle White Collar Crime and the Justice Plan 2021, has gathered pace in recent weeks with the announcement two significant changes to the investigation and prosecution of criminal offences.
27/05/2021 - The introduction of gender pay gap legislation in Ireland was well underway up until the COVID-19 pandemic struck in 2020. The Gender Pay Gap Information Bill (the Bill) is now back on the agenda. Cabinet approval has been given to amend the Bill and to introduce a strengthened bill.
26/05/2021 - On 2 August 2021, most of the provisions of the EU Cross-Border Distribution of Funds (CBDF) legislation come into effect.
26/05/2021 - On 7 May 2021, new disclosure rules for reporting the environmental performance of activities and investments were published for consultation by the EU Commission.
28/04/2021 - The Sustainable Finance Disclosure Regulation (SFDR), a key facet of the European Commission's Action Plan on Sustainable Finance, first came into effect on 10 March 2021.
28/04/2021 - The European Union’s Fifth Anti-Money Laundering Directive (“5AMLD”) was transposed into Irish law on 23 April 2021 by the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (the “2021 Act”).
21/04/2021 - Recent events at Davy Stockbrokers have demonstrated just how susceptible a firm’s reputation can be to the damaging consequences of the poor judgement and conduct of individuals.
14/04/2021 - The Workplace Relations Commission (“WRC”) has published a new Code of Practice for Employers and Employees on the Right to Disconnect (“Code”).It is effective immediately and applies to all types of employment...
30/03/2021 - The Covid-19 pandemic has changed, or dramatically accelerated the rate of change, in working practices for people in all sectors of the economy.
24/02/2021 - The landmark High Court judgment delivered by Judge McDonald on Friday, 5 February 2021 in Hyper Trust Limited t/a The Leopardstown Inn & Others v. FBD Insurance plc provided some clarity on the interpretation of policy wording of the insurance contract in relation to certain types of policy extensions covering business interruption losses arising from outbreaks of human notifiable diseases
24/02/2021 - On 26 March 2019, the European Parliament adopted two key directives as part of the EU’s Digital Single Market Strategy, namely, Directive (EU) 2019/770 on certain aspects concerning contracts for the supply of digital content and digital services (the “Digital Content Directive”) and Directive (EU) 2019/771 on certain aspects concerning contracts for the sale of goods (the “Sale of Goods Directive”).
25/01/2021 - The Irish Commercial Court has deferred judgment in a number of test business interruption insurance cases taken against FBD Insurance plc (FBD) by a number of well-known pubs (Proceedings).