As the National COVID-19 Vaccination Strategy in Ireland gathers pace, employers are frequently asking whether they can make decisions on who returns to work and when based on an employee’s vaccination status. Employers, in particular, continue to ask whether they can lawfully collect and process information about the vaccination status of their employees. In this client update, we explain the key considerations.
The Irish Gender Pay Gap Information Act 2021 amends the existing Employment Equality Acts 1998–2015 to require medium and large employers to analyse, explain, prepare to resolve and publish information on pay differences between female and male employees, regardless of the nature of their work.
ESMA publishes its final report on marketing communications under the regulation on cross-border distribution of funds, AIFMD MoUs was signed by the EU authorities, the Financial Services Bill received royal assent, SIX Swiss Exchange regulations were revised, Singapore released new and revised regulatory forms and templates, and much more . . . .
On 23 June 2021, the Central Bank of Ireland published revised Guidelines on Anti-Money Laundering and Countering the Financing of Terrorism, in response to the enactment of the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021, which transposed the fifth AML Directive EU/2018/843 into Irish law.
Historically, the timing of the commencement of the voluntary liquidation of a Cayman Islands company was often driven primarily by the desire to avoid incurring the following year’s annual government fees, but there may now be increased operational efficiencies in completing the dissolution within the current calendar year as additional regulatory filings and other costs for stub years can be avoided. Similar considerations may also apply to other types of Cayman entities.
The decision of the Court of Appeal reaffirms the arbitration-friendly approach taken by the English courts and the mandatory nature of stays of court proceedings under section 9 of the Arbitration Act 1996.
The Government has issued its response to the recent consultation on changes to the Teachers’ Pension Scheme (TPS), set out in the Teachers’ Pensions (Miscellaneous Provisions) (Amendment) Regulations 2021. The consultation response confirms the Government’s plan to allow a phased withdrawal for independent schools from the TPS and provides final detail of the protections available to certain existing TPS members. Phased withdrawal will allow independent schools to gradually leave TPS by continuing to offer TPS membership to existing staff; while having the discretion to not offer TPS membership for new staff. In this article, our pensions experts take a look at the Government response to the consultation and highlight what employers need to know.
On 14 July 2021, the Ministry of Labour, Training and Skills Development launched a public consultation on Improving Health and Safety Requirements relating to Tower Cranes. The consultation process is aimed at updating and clarifying existing legislative requirements for the operation of tower cranes in the province.
The question sometimes arises in a divorce as to whether one or both parties have mental capacity to litigate. If a party lacks that mental capacity, they will need someone to make decisions for them during the divorce process. This person is called a ‘litigation friend’.
In our previous paper, we discussed the meaning of share premium, the various ways a company may use share premium and its importance when determining the assessable capital of a company. In this paper we discuss contributed surplus, another frequently misunderstood concept which is distinct from and is not to be confused with share premium.
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Operating profits at The Ince Group dropped by almost 60 per cent over 2020/21, with the firm deciding to hold back dividend payments for the year. The firm’s revenue broke the £100m barrier, growing four per cent from £96m to £100m. However, operating profit went down from £7.6m to £3m. “We are proud about the […]
Macfarlanes’ average profit per equity partner rose by 9 per cent over 2020/21, alongside a similar increase in turnover. The City outfit saw PEP jump from £1.91m to £2.085m this year, making it one of the few firms to exceed the £2m barrier. Turnover recorded a nearly 10 per cent uptick from £237.6m to just […]
Eversheds Sutherland is to bring in its first chief transformation officer, looking outside the sector as it anticipates a slew of large-scale projects. The firm has hired Ronan Hanrahan, who is currently director of transformation at insurance company QBE Europe. He will join in August. In this newly-created position, Hanrahan will centralise the firm’s project […]
Reed Smith is to repay the money used to put its staff on the UK Government’s furlough scheme, The Lawyer understands. Until recently, the firm had six individuals from the facilities team on the scheme, who were working alternate weeks as two separate teams of three. With the wider reopening of its UK premises in […]
Bridgepoint has appointed a new general counsel from within its own ranks after its London listing. Rachel Thompson, who has been at the private equity house since 2009, succeeds longstanding GC Charlie Barter. Before joining Bridgepoint, she practised as an associate at Clifford Chance. Barter, who is now listed as a partner at Bridgepoint, had […]
Ashurst has appointed a new UK head of corporate as former head Karen Davies prepares to take over as chair. Corporate partner Nick Williamson, who focuses on the energy and natural resources sectors, takes on the role from Davies. Meanwhile the global group will now be headed by two partners; Madrid office managing partner Jorge […]
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