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Northern Ireland Appeals Court Rejects Challenge To Religious Education In Schools
In re an Application by JR87, (NI CA, April 30, 2024), is an appeal in a challenge to the legality of religious education and collective worship practices in schools in Northern Ireland. In the case, parents who are humanists and are not raising their daughter in any religious tradition object to the Christian religious education...
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ESMA agrees with investment restrictions on GBP LDI funds in Ireland and Luxembourg
On 29 April 2024, the European Securities and Markets Authority (ESMA) issued a press release which outlines its advice to the Central Bank of Ireland (CBI) and the Commission de Surveillance du Secteur Financier (CSSF) on investment restrictions for GBP Liability-Driven Investment (LDI) funds to ensure their resilience. The advice follows the notification from the...
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Irish Quarterly Legal and Regulatory Report - Asset Management and Investment Funds January - March 2024
Welcome to the January – March 2024 issue of our Irish Quarterly Legal and Regulatory Developments report for Asset Management and Investment Funds. This report covers key developments during the quarter, such as: UCITS & AIFMD developments, including the publication of changes in cross-border notifications under AIFMD and the UCITS Directive...
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Transposition of Credit Servicers Directive in Ireland – Overview
On 29 December 2023, the Minister for Finance signed the European Union (Credit Servicers and Credit Purchasers) Regulations 2023 (the "Regulations") into law, thereby transposing the Directive on credit servicers and credit purchasers (Directive (EU) 2021/2167) (the "CSD") into Irish law, with effect from 30 December 2023. In keeping with the approach previously indicated by the Department of Finance, the Regulations confirm that the existing Irish domestic credit servicing regime (the "Domestic Regime") provided for under the Central Bank Act 1997 (as amended) (the "CBA 1997") will operate in parallel with the regime provided for by the Regulations (the "CSD Regime").
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FSA survey finds cost concerns leading to riskier behavior among consumers
A survey has shown how rising prices are prompting people to take more food safety risks in an attempt to save money, according to recently released research. The Food Standards Agency’s (FSA) Food and You 2 survey was conducted between April and July 2023. A total of 5,812 adults from 4,006 households across England, Wales,...
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