IFSC.ie Features

CSR job vacancies jump by 74% as companies pledge to fight climate change
25/11/2021 - The number of CSR-related job roles advertised this year has increased by 74% since last year, and by 54% when compared to 2019 (pre-pandemic). In fact, May 2021 was the second-busiest CSR recruitment drive on record.

COVID-19 Emergency Measure Redundant as Suspended Redundancy Entitlement for Employees Returns
25/11/2021 - On 30 September 2021, the COVID-related emergency suspension of an employee’s entitlement to claim a statutory redundancy payment from their employer following certain periods of lay-off or short time work under section 12A of the Redundancy Payments Act 1967 expired.

Liquidity Risk Management a Key Focus in the Central Bank's Letter to FMCs
30/03/2021 - On 12 March 2021, the Central Bank published a copy of a letter dated 10 March 2021 which has been sent to the chair of the board of certain fund management companies ("FMCs").

Lessons from CBI findings on fund management companies have broader application
12/11/2020 - The Central Bank of Ireland has released (27.10.20) the findings that arose from its thematic review which assessed how fund management companies have implemented the Central Bank requirements in this area – termed the CP86 framework.

Statutory Sick Pay – What We Know So Far
01/11/2021 - With Budget 2022 now over one of the surprise omissions was the Statutory Sick Pay Scheme. The Tánaiste, Leo Varadkar TD, announced details of a new law to give all workers the right to be paid sick leave back in June and while some details have already been made available more was expected to follow during the Budget.

Recommendations for managing remote teams in the Financial Services Industry
30/09/2021 - There has been a significant scrutiny on the practice of remote working in Ireland over the last 12 months due to the impact of the COVID-19 pandemic.

How to Improve Cyber Security Culture : 5 Tips
04/11/2021 - An important yet often overlooked aspect of any organization’s cyber security strategy is culture — building and nurturing a working environment that promotes and encourages secure behaviors and empowers people to better protect themselves and others through knowledge, awareness, and positive behavior change.

Cyber and Data Protection : The New SCCs: What You Need to Know
29/06/2021 - On 4 June 2021 the European Commission issued its eagerly awaited decision publishing the new Standard Contractual Clauses, or SCCs (“New SCCs”) for the GDPR-compliant transfer of personal data to third countries.

The Corporate Enforcement Authority – A Milestone in Corporate Enforcement in Ireland
25/11/2021 - The Companies (Corporate Enforcement Authority) Bill 2021 (Bill) is currently progressing through the Houses of the Oireachtas.

Ireland Launches Intellectual Property and Technology Court and Reforms IP Disputes Procedures
25/11/2021 - A new division of Ireland's Commercial Court dedicated to intellectual property cases and disputes about complex technology has been established under a revised Order 63A of the Rules of the Superior Courts (revised Rules).

Can Ireland become a vibrant centre for Insurtech?
04/11/2021 - Insurtech is an area that has seen exponential growth over the last decade. It essentially involves the use of technology to deliver savings and efficiencies in the insurance value chain.

What Employers can expect in Budget 2022
04/10/2021 - With this year’s Budget set to take place on Tuesday 12th October, many business owners are already considering how their employer’s commitments and employees’ salaries are likely change.