Agenda Articles

On 14 November 2022, the Central Bank of Ireland (the ‘CBI’) published an information note ‘Sustainable finance and the asset management sector: Disclosures, investment processes & risk management’ (the ‘Note’).

The Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (the “Covid Act”) amends the Companies Act 2014 (the “Companies Act”) and the Industrial and Provident Societies Act 1893 (the “1893 Act”), each on a temporary basis, so that, notwithstanding challenges posed by the pandemic, entities can continue to operate in compliance with relevant provisions of those Acts.

The Irish High Court (Court) has pierced the corporate veil in Powers v Greymountain Management Ltd [In Liquidation] & Ors [2022] IEHC 599, to hold passive resident directors and non-resident shadow directors personally liable for funds lost to investors as a result of fraud.

Read the Legislation and Regulation update in the Irish Agenda on Winter ready? New energy performance of buildings regulations. In July 2022, the European Union (Energy Performance of Buildings) Regulations 2022 (the 2022 Regulations) were published.

On 22 November 2022, the Court of Justice of the European Union (CJEU) published its decision in WM and Sovim SA v Luxembourg Business Registers (joined Cases C‑37/20 and C‑601/20) (Decision), which affects European Union Member States' national beneficial ownership registers.

Two EU legislative acts relating to digital operational resilience in the financial industry were recently published in the Official Journal of the European Union.

This article explains Ireland's experience with requests for judicial cooperation from the European Public Prosecutor's Office (EPPO).

On 22 November 2022, the Court of Justice of the European Union (CJEU) published a decision affecting European member states national beneficial ownership registers (Decision).

In its final Insurance Newsletter for 2022, the Central Bank of Ireland (Central Bank) published a particularly useful synopsis of the key prudential risks that it has identified during its risk assessment and scanning process of 2022.