17/10/2019 - Global trend -
The past decade has seen a marked and continuing shift in global focus towards greater accountability and responsibility for decision making in the financial sector - no doubt influenced by the fallout of financial crisis.
20/09/2019 - Following on from our briefing on the Dear CEO letter (the "Letter") of 8 April 2019 issued by the Central Bank of Ireland (the "Central Bank"), this article looks at employer's obligations throughout the lifecycle of employees holding Controlled Functions ("CF") or Pre-Approval Controlled Functions ("PCF") (a subset of CFs).
26/08/2019 - With the prospect of a "hard" Brexit on the horizon, many regulated financial services providers based in the UK are continuing to look at business solutions to manage the loss of passporting rights.
26/08/2019 - No. There is a great deal of commentary that a No-Deal Brexit (NDB) on 31 October 2019 is inevitable.
01/08/2019 - The Department of Finance recently received approval from Cabinet to draft the heads of a Central Bank (Amendment) Bill. Minister for Finance, Paschal Donohoe, has stated his intention to publish the heads of this Bill before the end of 2019.
01/08/2019 - Two recent decisions of the Workplace Relations Commission (the WRC) serve as a useful reminder to employers on how best to provide for an employee or candidate for employment who may require accommodation and guidance to employers on what 'reasonable accommodation' really means.
27/06/2019 - This decision clarified that all employers must have a suitable system in place to ensure they are recording employees’ daily and weekly working hours.
21/05/2019 - Regulation (EU) 2018/1807 of the European Parliament and of the Council of 14 November 2018 on a framework for the free flow of non-personal data in the European Union (the Regulation) is the follow up to the General Data Protection Regulation (GDPR) and is another major pillar in the EU's drive to create a "Digital Single Market" (the Digital Single Market). It will come into force in May 2019.
30/04/2019 - On 3 April 2019, the Joint Committee on Justice and Equality met to discuss the implementation of the GDPR with Ms Anna Morgan (Deputy Commissioner), Ms Jennifer O’Sullivan (Deputy Commissioner), and Mr Cathal Ryan (Assistant Commissioner).
11/04/2019 - The European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 (the "2019 Regulations") were signed on 22 March 2019.
26/03/2019 - The European Commission regularly "dawn raids" businesses across the European Union (EU) to try to uncover evidence of anti-competitive deals, abuse of dominance and unlawful State aid.
15/03/2019 - A recent High Court case, Harrington v Harrington & another, [2018] IEHC 751, has provided some guidance to shareholders and companies in relation to litigation under Section 212 of the Companies Act 2014 ("Section 212").
26/02/2019 - One of the unforeseen consequences of Brexit is that Irish businesses could be subject to more competition dawn raids by the European Commission as the option of conducting these unannounced inspections in the UK is blocked off by the UK leaving the European Union.
13/02/2019 - While charities in Ireland can qualify for a broad range of tax exemptions, they have no general exemption from VAT.
13/02/2019 - On 24 January 2019, the Irish Government published the general scheme of the 'Miscellaneous Provisions (Withdrawal of the United Kingdom from the European Union on 29 March 2019) Bill 2019' (the "Scheme").
12/02/2019 - On 21 January 2019, the CNIL, the French data protection authority ordered Google to pay a fine of €50 million based on a violation of the General Data Protection Regulation (GDPR).
07/02/2019 - The deadline for transposition of IORP II (Directive 2016/2341) (the "Directive") passed on 13 January 2019, with the Department of Employment Affairs and Social Protection (the "Department") issuing a statement on the matter last week.
07/02/2019 - The Companies (Amendment) Bill 2019 (the Bill) has been published. This is a very short Bill with just two proposed sections to amend section 343 of the Companies Act 2014 (the Act) with respect to the time periods permitted for the filing of annual returns.
25/01/2019 - Following the decision of the House of Commons on 15 January 2019 to reject the draft Withdrawal Agreement between the EU and the UK, what happens now?
25/01/2019 - The General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018 (the "Scheme"), which proposes to make a number of amendments and additions to the Companies Act 2014 (the "Act"), was recently published