September Developments in the Transport Sector
The development of the Fit for 55 & REPowerEU packages continues, impacting all sectors including transport. The Parliament provided...
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Responses to CBI consultation on intra-group transactions
The Society of Actuaries in Ireland (SAI) and the Reinsurance Advisory Board of Insurance Europe (RAB) have recently published separate...
CBI highlights under-insurance in home insurance market
The Central Bank of Ireland (CBI) has written to insurers to highlight the risk of under-insurance in the home insurance market, in light...
EIOPA statement on 'silent cyber' risks
EIOPA has published a supervisory statement on non-affirmative cyber (or 'silent cyber') risks.
Silent cyber risk refers to instances...
EIOPA statement on exclusions for systemic events
EIOPA has published a supervisory statement on exclusions related to systemic events such as pandemics, natural catastrophes or large...
CBI Insurance Newsletter for September 2022
The Central Bank of Ireland (CBI) has published its Insurance Newsletter for September 2022. A few key highlights below.
Sustainable...
EU Sanctions against Russia: Sanctions against Annex I individuals and entities extended to 15 March 2023
The EU Council has extended the duration of the sanctions against more than 1,200 individuals and entities in response to Russia's...
Insurance Europe supports European Parliament proposal to supervise third party litigation funding
Insurance Europe has supported a call from the European Parliament for appropriate supervision of the third-party litigation funding...
European Commission publishes further details of Energy Market Interventions
The Commission has published the Proposal for a Regulation on an emergency intervention to address high energy prices following the...
AML Update: Minor changes to MLD4 Central Database Regulations
In February 2022, the Minster for Finance signed the European Union (Anti-Money Laundering: Central Mechanism for Information on...
SFDR: Central Bank Confirms Fast-track Filing Process
The Central Bank has confirmed that there will be a fast-track filing process for prospectus updates on foot of the Sustainable Finance...
EU Emergency Energy Measures – Considerations in Ireland
EU energy Ministers agreed on 9 September 2022 on short-term measures to decrease high energy prices, reiterated in the State of the...
Company Law: Back to Basics – Directors’ Duties
In the latest episode in our "Company Law: Back to Basics" podcast series, Tom Courtney and I discuss directors' duties. We cover...
New Requirements for Irish Entities with Real Estate Interests in the UK
Irish entities that own, plan to acquire, or plan to create security over UK real estate should take advice on whether they are subject...
Horizon Scanner: Finance (September 2022)
For insights on the key legal and regulatory developments we expect to see during September in areas such as finance-related ESG,...
Shifting patterns in life insurance market
Great overview of the impact of recent global events on the life insurance market from Petra Hielkema, Chair of EIOPA.
The speech...
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