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In statements published on 18 March 2020 and 19 March 2020, the Banking & Payments Federation Ireland ("BPFI") announced that certain retail banks...

On 4 March 2020, the Central Bank of Ireland ("Central Bank") issued this communication on COVID-19.

The Companies (Miscellaneous Provisions) (Covid-19) Bill 2020 has completed the first stage in Seanad Éireann. The new proposed legislation will be for an "interim period", ending on 31 December 2020

In 2017, the Financial Conduct Authority (FCA) announced its intention to stop compiling the interest rate benchmark LIBOR (London Interbank Offered Rate) by the end of 2021.

On the 30th of April, 2020, the Central Bank of Ireland ("CBI") published a letter to fund management companies regarding certain COVID-19 related measures (the "Letter").

The Board of the European Investment Bank ("EIB") agreed on 26 May 2020 on the structure and business approach of the new €25 billion EGF to combat the economic consequences of the COVID-19 pandemic.

As discussed in our April 2020 briefing (available here), a range of measures and other key actions have been implemented by the Irish Government...

Nearly a year has elapsed since Ireland descended into the uncertainty and vastly changed financial landscape brought about by COVID-19.

The Finance (Covid-19 and Miscellaneous Provisions) Bill 2021 extends the Employment Wage Subsidy Scheme (EWSS) until 31 December 2021 and modifies the reference period for assessing eligibility...

"Corona Bonds" are proposed debt securities issued by an EU institution in lieu of individual EU Member States issuing debt securities.

One of the measures to be implemented by Ireland's five retail banks and other non-bank lenders and credit servicers to assist borrowers who may be affected as a result of the COVID-19 ...

This year marks the 30th anniversary of the introduction of the examinership framework in Ireland and given the current challenges facing businesses, ...

We wrote recently about the effect of the COVID-19 crisis on the banking sector.

Given the pressure that the current crisis is placing on businesses in most sectors it is likely that companies are reviewing cash flow and outgoings.

Ireland is a leading European jurisdiction for the establishment of bond-issuing special purpose vehicles ("SPVs"), securitisation companies.

On 2 May 2020 the Irish Government agreed a suite of important measures to further support affected small, medium and larger businesses. These include a €2 billion COVID-19 Credit Guarantee Scheme ("new CGS")...

The five main retail banks have already announced a facility to apply for a "payment break" for business and retail customers affected by COVID-19.

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