A no-deal Brexit was narrowly avoided when the UK left the EU, on 31 January 2020, under terms
set out in a withdrawal agreement entered into by the parties with only a week remaining.
The following EU legislative measures were published in the Official Journal of the EU (OJ) on 20 October, 2020 and entered into force on 9 November 2020:
As readers will be aware, a Bill to amend The Investment Limited Partnerships Act, 1994, which governs the establishment and operation of regulated investment limited partnerships in...
The Private Funds Law, 2020 ("PFL") came into force on 7th February, 2020. The PFL requires that certain collective investment scheme arrangements, previously unregulated in the Cayman Islands...
In this article, Elizabeth Bradley and Mark Murran look at the
latest trends and developments in the banking and finance market in
Ireland and explore the impact of COVID-19 on the sector
On 17 November 2020, the CBI issued a "Dear CEO" letter, in which it set out key findings from a thematic inspection it carried out on compliance by a number of banks and insurance companies...
Ronan Daly Jermyn
A new analysis of Central Bank data shows that 27% of settlements over the past six years relates to banks. Investment and insurance firms also feature highly.
The Central Bank of Ireland announced this week that it uncovered "significant issues" as part of its recent thematic inspections into compliance by regulated financial services providers in the banking and insurance sectors ...
On 17 November 2020, the Central Bank of Ireland (the "Central Bank") issued an industry letter to all regulated financial service providers ("Firms"). This letter details the key findings...
The Central Bank of Ireland has published a "2020 Dear CEO Letter" addressing key shortcomings identified from a thematic inspection in relation to firms' compliance with requirements of the Fitness and Probity Regime.
On 17 November, 2020, the Central Bank of Ireland (the CBI) issued a second "Dear CEO" letter on fitness and probity, following thematic on-site...
As all fund management companies will be aware, the Central Bank of Ireland (the "Central Bank") and other competent authorities worldwide have become increasingly focused
In this issue we consider a number of recent Central Bank updates including its confirmation of a fast-track process for prospectus updates...
On 10 November 2020, the Central Bank of Ireland issued a ‘Dear CEO' letter setting out its findings arising from a thematic inspection of investment firms' compliance with the MiFID II best execution requirements.
The Irish funds industry offers asset managers extensive fund-structuring expertise, servicing capabilities and the distribution access needed to launch and run alternative investment funds. In the
On 20 August 2020, the English High Court sanctioned an insurance business transfer scheme under Part VII of the UK's Financial Services and Markets Act 2000 in Re Legal and General Assurance Society Ltd and another  EWHC 2299 (Ch).
On 20 October 2020, the Central Bank published the findings of its assessment of fund management companies' implementation of the organisational effectiveness framework.
The European Commission has published a proposed regulatory framework for Markets in Crypto-Assets as part of its Digital Finance Strategy 2020. This FAQ addresses the background and the key proposals contained in the Proposed Framework.
In Legal Business's Ireland Report, Managing Partner of our Irish office, Nicholas Butcher, shares his insights on the challenges that lie ahead in a post COVID-19 world.
It was recently announced that Euronext has entered into a binding agreement with the London Stock Exchange ("LSE")