European Union (Copyright & Related Rights) Regulations 2012

13 April 2012

The European Union (Copyright and Related Rights) Regulations 2012 - S.I. No. 59/2012 was signed into law by junior minister of the Department of Jobs, Enterprise and Innovation, Sean Sherlock on Wednesday, 29 February 2012.

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The Commercial Lease Database - Property Services (Regulation) Act 2011

05 April 2012

On 4 April 2012 Minister for Justice, Alan Shatter, announced the establishment of the Property Services Regulation Authority. The establishment of the Authority was provided for in the Property Services (Regulation) Act 2011 which was signed into law on the 19th of December 2011.

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Proposed New Irish Corporate Fund Structure

27 March 2012

The Irish Minister for Finance has approved, in principle, the development of legislation for a new corporate structure for funds which is intended to meet US ‘check the box’ requirements and reduce administrative costs. This step is consistent with the Irish government’s on-going commitment to the continued development of the funds industry in Ireland.

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Important Changes to Security over Registered Land: New One Page Form

29 February 2012

From 1 March 2012, the Property Registration Authority (“PRA”) has introduced a new one page form of charge that must be used for taking security over registered land (with very limited exceptions). This requirement applies to commercial and residential mortgages a similar approach to that adopted by the Irish Banking Federation for the creation of mortgages over residential property.

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Changes to the Market Abuse Regime for Irish-listed Funds

08 February 2012

The unwinding of the delegation arrangements between the Central Bank of Ireland and the Irish Stock Exchange Limited will have an impact on investment funds listed on the ISE’s Main Securities Market.

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New Laws Proposed for Personal Insolvency

27 January 2012

Government proposals for new legislation would alter the law and procedures of personal insolvency in radical ways. The proposals include the establishment of an independent Insolvency Service and the introduction of non-judicial procedures for addressing unsecured debts (of any value) and secured debts (in the range €20,000 to €3 million). Current bankruptcy laws would also be amended.

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Regulatory Update for Irish-authorised Funds

26 January 2012

This briefing summarises the main legal and regulatory developments affecting Irish funds for the period from October 2010 to January 2011.

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Review of Irish Merger Control Decisions 2003-2011

19 January 2012

The number of merger transactions notified to the Competition Authority fell slightly to 40 in 2011, from 46 in 2010. However, levels still remain above 2009 lows. These and other facts arising from a review of Irish merger control decisions 2003-2011 along with expected key developments in 2012 can be found in these briefings.

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Artists’ Resale Right extended to heirs

18 January 2012

With effect from 1 January 2012 the provisions of the EU Directive on the resale right for the benefit of the author of an original work of art have been extended in Ireland to the heirs of the artist and will last for a period of 70 years after the death of the artist.

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New High Court Judicial Review Procedure Comes into Effect

12 January 2012

The first significant changes made in a quarter of a century to the High Court’s judicial review procedure came into effect in January 2012.

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