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).
21/01/2021 - In announcing a new cross-government plan to tackle economic crime and corruption, the Minister for Justice, Helen McEntee TD
21/01/2021 - One of the lasting impacts of the pandemic has been the accelerated acceptance of the role of technology in more and more areas of our lives.
21/01/2021 - Ireland's Investment Limited Partnership (ILP) has undergone a significant overhaul to enhance its features in line with limited partnership fund regimes internationally. The Investment Limited Partnership (Amendment) Bill (Bill), a reform bill to the Investment Limited Partnerships Act 1994, passed through the Dáil this week and can be expected to be enacted in early January 2021.
11/01/2021 - While we were assured for months that it was oven-ready, the UK-EU trade deal was finally agreed on Christmas eve.
26/11/2020 - On 17 November 2020, the Central Bank of Ireland (“CBI”) published on its website and sent to the management of regulated financial services providers (“firms”) a Dear CEO letter (the “2020 Dear CEO Letter”) highlighting its key findings from a thematic inspection in relation to firms' compliance with requirements of the Fitness and Probity Regime ("F&P Regime").
26/11/2020 - While Brexit makes the UK a third country for the purposes of EU law, Ireland's proximity (geographically and economically) to the UK makes the application of competition law to cross-border trade that more relevant and complex.
12/11/2020 - In a judgment delivered on 14 October 2020, the High Court, in refusing to appoint an examiner to New Look Retailers Ireland Limited (New Look Ireland) ruled that it was "entirely premature to consider the appointment of an examiner". New Look Ireland trades under the brand name "New Look" and operates across 27 stores in Ireland.
29/10/2020 - * A group of 16 major European banks has announced the implementation phase of a new unified payment scheme and solution called the European Payments Initiative (EPI).
21/09/2020 - On 28 July 2020, the Central Bank of Ireland (Central Bank) published details of a settlement agreement reached between it and Bank of Ireland (BOI) for admitted breaches of five provisions of the European Communities (Markets in Financial Instruments) Regulations 2007 (MiFID).