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Ireland
William Fry
Our Financial Regulation team examines recent developments on the Individual Accountability Framework (IAF) including the Senior Executive Accountability Regime (SEAR) Regulations...
William Fry
On 4 April 2024, EIOPA published its finalised supervisory statement on the supervision of reinsurance concluded with third-country (re)insurance undertakings (Supervisory Statement).
Dillon Eustace
On 7 March 2024, the Central Bank published a Consultation Paper on the Consumer Protection Code (CP158).
Matheson
On 28 March 2024, the Deputy Governor of the Central Bank of Ireland ("Central Bank"), Sharon Donnery, gave opening remarks at the third meeting of the Central Bank's Financial Industry Forum
Arthur Cox
As detailed in our previous post (available here), the European Insurance and Occupations Pensions Authority (EIOPA) has now concluded its public consultation...
William Fry
On 26 March 2024, the Central Bank of Ireland (CBI) published its first quarterly Insurance Newsletter for 2024 covering several topics of note for Irish (re)insurers (Newsletter).
Maples Group
DORA entered into force on 16 January 2023, creating a European regulatory framework to strengthen the financial sector's resilience to information and communication technology ("ICT") disruptions and threats.
Matheson
On 27 March 2024, the Capacity Building Working Group ("Group") of the Climate Risk and Sustainable Finance Forum ("Climate Forum") published its report ("Report").
Matheson
The Central Bank of Ireland (the "Central Bank") is responsible for the authorisation of and has primary responsibility for the prudential supervision and regulation of insurance...
Dillon Eustace
In Chubb European Group SE & Ors v. Perrigo Company PLC & Ors [2024] IEHC 9, the Commercial Court considered the interpretation of an aggregation clause in a contract...
Arthur Cox
Following on from the announcement that the European Council and Parliament had agreed on the amendments to Solvency II in December 2023 (see my previous post for details), the agreed amendments...
Matheson
On 28 February 2024, the Central Bank of Ireland ("Central Bank") finedOpens in new window an investment firm ("Firm") €1,225,000 pursuant to the Market Abuse Regulations...
Arthur Cox
The Central Bank of Ireland's Regulatory Supervisory Outlook Report 2024 and accompanying Letter to the Minister for Finance were published on 29 February 2024.
RDJ LLP
As RDJ head of Insurance Fraud and in collaboration with Insurer clients I have had oversight over many successes before the courts in fighting fraudulent claims, many of which go unreported.
Matheson
Council of the European Union publishes texts of proposed Directive and Regulation to improve MiFID II market data access and transparency...
Matheson
The Central Bank of Ireland ("Central Bank") has published its PCF Annual Confirmation GuidanceOpens in new window ("Guidance").
European Union
William Fry
The Commission Delegated Regulation (EU) 2024/896 revising regulatory technical standards (the Delegated Regulation) was published in the Official Journal...
Matheson
On 8 March 2024, the Deputy Governor of the Central Bank of Ireland ("Central Bank"), Vasileios Madouros, respondedOpens in new window to a request for a submission...
Dillon Eustace
The 6th Motor Insurance Directive, Directive (EU) 2021/2118 (‘2021 Directive'), was published in the Official Journal of the EU on 02 December 2021...
Matheson
On 9 April 2024, the Supreme Court of Ireland issued a judgment on the legality of the Personal Injuries Guidelines ("Guidelines"). which were reviewed and passed by the Judicial Council...
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