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ARTICLE · 16 OCTOBER 2020

Insurance Regulatory Update October 2020

This is the October edition of the Arthur Cox Insurance Regulatory Update, the monthly bulletin of the Arthur Cox Insurance Group focused on recent developments in insurance regulation

IrelandInsurance

This is the October edition of the Arthur Cox Insurance Regulatory Update, the monthly bulletin of the Arthur Cox Insurance Group focused on recent developments in insurance regulation, law and practice.

Domestic News

Government publishes Brexit Readiness Plan and new Brexit Omnibus Legislation

As negotiations for a long-term trade agreement between the EU and the UK have made disappointing progress, the Irish government has decided to plan for the possibility of the UK leaving the transition period on 31 December 2020 with no long-term trade agreement in place with the EU. If no agreement is reached, it is possible that there will be significant disruption to the Irish economy as trade between Ireland and the UK will be based on World Trade Organisation rules.

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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