Welcome to our February 2025 edition of Legal News.
Here is a selection of our recent publications.
- The DORA train pulls into the station – DORA applies from 17 January 2025
On Friday 17 January 2025, the Digital Operation Resilience Act’s application date arrived. We review the key areas that will be in focus for Q1 and Q2 2025. - The Central Bank’s MiCAR Authorisation and Supervision Expectations
In December 2024, the Central Bank of Ireland published guidance setting out its authorisation and supervision expectations for firms seeking authorisation to provide crypto-asset services under the EU Markets in Crypto-Assets Regulation (MiCAR). - When Life Gives You Lemons: Thatchers Squeezes a Win Against Aldi
One year after the Intellectual Property Enterprise Court (IPEC) handed down its polarising judgment regarding an Aldi lookalike product, the Court of Appeal of England and Wales overturned the IPEC decision. - Ireland’s AI Act Exemptions
Ireland has a unique position in the European Union’s regulatory framework for artificial intelligence (AI), benefitting from an exemption from certain provisions related to AI used in law enforcement, under Recital 40 of the EU AI Act. We look at what Recital 40 means. - The Central Bank Insurance Newsletter Highlights 2025 Supervisory Priorities
The Central Bank of Ireland’s (Central Bank) final quarterly Insurance Newsletter for 2024 contains several important updates for Irish (re)insurers, including the Central Bank’s supervisory priorities for 2025 and its revised guidance on outsourcing. - Renewable Energy Projects Boosted by CRU’s New Grid Connection Policy
The Electricity Connection Policy for Generation and System Services (ECP-GSS), which applies to onshore renewable energy generation, energy storage and system services technology, is designed to support Ireland’s energy transition and the Government’s Climate Action Plan 2024 target to generate 80% of Irish electricity from renewable sources by 2030. - New Restrictions on the Use by Employers of Non-Disclosure Agreements
New restrictions regulating the use in an employment context of non-disclosure provisions and agreements came into effect on 20 November 2024. - Supreme Court Looks for European Guidance on Constrained/ Curtailed Electricity
The Supreme Court has referred a number of questions to the ECJ concerning redispatch compensation arising under the government framework for Ireland’s internal electricity market. - ESMA Statement on services re Non-MiCAR-Compliant ART / EMTs
On 17 January 2025, the European Securities and Markets Authority published a statement on the provision of certain crypto-asset services relating asset-referenced tokens and electronic money tokens (also known as stablecoins) that are not compliant with the Markets in Crypto-Assets Regulation (MiCAR).
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