Welcome to the October 2019 edition of Legal News. We at William Fry aim to keep you up to date on legal developments that may affect you or your business.

Here are some of our recently published website articles and insights you may have missed.

• Irish Employers need to work harder if they’re to comply with new Work-Life Balance Legislation
  Irish employers face legal, business and reputational risk if they are not in compliance with recently introduced and upcoming protective leave legislation.

• GDPR – Update for Pension Trustees
  Over one year since the GDPR deadline, pension trustees must maintain focus to ensure continued compliance with the ongoing requirements of the regime.

• Evolution of Directors’ Duties Since the Companies Act 2014
  The Companies Act 2014 has been in force for more than four years, and during this time there have been several developments that directors of Irish companies should be aware of.

• Financial intermediaries required to disclose commission arrangements to consumers
  Financial intermediaries are now subject to new rules surrounding commission arrangements from financial services providers. The new rules are intended to ensure greater transparency for consumers and to minimise conflict risk.

• Participants Accept Inherent Risks of Fox Hunting
  High Court held that voluntary participation in fox hunting brought acceptance of the inherent risks involved.

• Central Bank to introduce rules for dealing with Fund Errors
  On 9 September 2019, the Central Bank of Ireland published a consultation seeking feedback on a proposed set of rules covering the ‘treatment, correction and redress of errors in investment funds’.

In Short

• ESMA Beefs Up Liquidity Risk Management Rules for Funds & Other Briefings Sep 19
• Department of Finance Publishes Proposed Draft Transfer Pricing Legislation
• Central Bank of Ireland AML/ CFT Guidelines for the Financial Services Sector
   

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