IORP II – The Pensions Authority publishes draft code of practice

Last week saw the Pensions Authority publish a draft code of practice, setting out what it expects of pension trustees when it comes to complying with their obligations under the European Union (Occupational Pension Schemes) Regulations 2021.

Related briefings

Ireland: Budget 2022 Tax Strategy Group papers

On 16 September 2021, the Department of Finance published the Tax Strategy Group (TSG) papers on the various options for tax policy changes in advance of Budget 2022. Budget 2022 is due to be published on 12 October 2021.

Asset Management & Investment Funds Update – Sept 21

In this edition William Fry looks at the key upcoming deadlines and dates for your diary: legislation published to turn off UCITS KIID and switch on PRIIPs KID for UCITS; the Commission’s SFDR Q&A along with an analysis of the key take-aways; MMF revised stress testing guidelines and new upcoming daily reporting requirements; new Central Bank beneficial ownership filing requirements; and the adoption of UCITS, AIFMD and MiFID SFDR-related amendments.

Latest Briefings

Portugal: Rent updating coefficient to apply in 2022

Under article 24 of Law 6/2006 of 27 February, which approved the New Urban Renting Rules, and article 11(5) of Decree-Law 294/2009 of 13 October, which approved the New Rural Renting Rules, the National Statistics Institute is responsible for calculating the annual rent update coefficient applicable to urban and rural leases. This coefficient must then be published in a notice appearing in the official gazette, Diário da República, no later than 30 October of each year.

How will costs be treated in a no-fault divorce?

At the end of this month, court fees are increasing. The change is the result of a consultation led by the Ministry of Justice earlier in the year which considered whether court fees should be increased by inflation.

Limited network exemption under PSD2 – EBA consults on Draft Guidelines

In summer 2021 the European Banking Authority published Draft Guidelines on the limited network exemption under the Payment Service Directive 2 for consultation. The Draft Guidelines are meant to foster supervisory convergence amongst the EU’s national competent regulators.

Energy Innovators Roundtable series: Reshaping regulation to recognize the imperative for technological change

Whether they like it or not, energy regulators are the new gatekeepers of the technology shift that is needed to meet Canada’s carbon reduction goals. This will require significant and near-term changes to the construct under which Canada’s utilities have traditionally been regulated. Traditional regulation doesn’t incent utilities to retire technology simply because something better has come along. Should regulation transition from “used and useful” to “better”? Join Gowling WLG for the first 2021 roundtable in the Energy Innovators Roundtable series.

Recommended

Find legal roles

Make your next move with The Lawyer Careers. Search and apply for thousands of vacancies, or receive email alerts for new roles when they go live. Whether you're looking at private practice, in-house legal or an exciting business support role, you'll find your future here.

Search vacancies