Regulators are known for flexing their muscles; not for showing flexibility or exercising forbearance.

The Central Bank has published a Consultation Paper on a number of initiatives "designed to underpin the achievement of substantive control by fund management companies".

On 14 January, the Central Bank of Ireland (Central Bank) published the paper ‘Consultation on Competent Authority Discretions in the Investment Firms Directive and the Investment Firms...

ESMA issued a statement earlier this month about the potential for some European collective investment funds to be "closet index trackers"

The Central Bank re-confirmed its position that it is highly unlikely to approve a UCITS or a RIAIF fund proposing any exposure (either direct or indirect) to digital assets.

The Irish Funds Industry Association has announced this afternoon a hugely significant and extremely positive change in the authorization process for Irish domiciled qualifying investor funds.

The Central Bank communication confirms that the same fast-track process will apply for the prospectus disclosures imposed under SFDR Level 2 Measures which apply from 1 July 2022.

In a development which will be welcomed by many in the funds industry in Ireland, the Central Bank of Ireland ("CBI") has provided updated guidance with respect to the pre-submission process...

Lagan had instructed Ben McArdle Ltd to procure a policy of professional indemnity insurance in respect of their civil engineering business.

On 5 October 2021, the European Insurance and Occupational Pensions Authority (EIOPA) launched the second phase of its study on diversification in internal models under Directive (EU) 2009/138...

In Egan v Castlerea Co-operative Livestock Mart Limited [2023] IECA 240, the Court of Appeal has upheld a High Court order for discovery in personal injury proceedings...

The General Data Protection Regulation (EU 2016/679) ("GDPR") aims to ensure that organisations which process personal data embed data privacy into their business model.

Readers will no doubt be familiar with Bernard L. Madoff's Ponzi scheme perpetuated through his firm Bernard L. Madoff Investment Securities LLC.

A recent English High Court decision clarifies that investor-appointed directors cannot freely share privileged legal documents with their appointing shareholders without explicit company authorization. This ruling challenges common assumptions about information rights in shareholders' agreements and establishes new boundaries for directors navigating dual loyalties between companies and investors.

In a concise yet comprehensive recent judgment of the Cayman Grand Court which will be of interest to both practitioners and stakeholders, the Hon. Justice Asif analyzed the roles of attorneys not admitted to practice in the jurisdiction, ...

The Cayman Islands Government published The Limited Liability Companies Bill, 2015 on 18 December 2015 which, when enacted, will provide for the introduction of a new Cayman legal vehicle...

The EU Taxonomy Regulation1 sets down the conditions which must be met in order for an economic activity to be considered "environmentally sustainable".

ESMA has now published further advice in relation to the application of the Passport to non-EU AIFMs and AIFs ("Advice") together with its opinion on the functioning of the passport for EU.

On 7 May 2024, ESMA published a call for evidence on the review of the UCITS Eligible Assets Directive[1] (Call for Evidence).

In late 2014, Borsa Italiana opened a new market specifically for trading open ended UCITS funds.