Key points for AI Systems developers and providers
Directive (EU) 2021/338 (Covid MiFID Recovery Directive) was finally adopted on 16 February 2021 and effects amendments to Directive (EU) 2014/65 (MIFID II) legal regime to assist the EU’s economic recovery from the COVID-19 pandemic.
New EU Regulation creates a harmonised European legal regime for crowdfunding
The increasing complexity of international supply chains and a significant increase in online sales, have led to challenges for market surveillance authorities across the EU. The Market Surveillance Regulation or MSR, strengthens market surveillance and the enforcement of Union harmonisation legislation for the products that come within it.
Key points in applying for a Payment Services Authorisation in Ireland under the European Union (Payment Services) Regulations as amended (PSRs)
The General Data Protection Regulation 2016/679 (GDPR) requires a data controller to implement data protection by design and by default (Article 25 GDPR). Organising for and engineering data protection and security requirements into a Mobile APP (APP) is difficult, particularly as APPs are generally developed using the Agile development process.
The SRD2 Regulations 2020 (implementing Directive (EU) 2017/828) seek to deal with a number of substantial issues related to listed companies, that have arisen since the financial crisis.
The new EU Cyber Security Regime relates to the security of network and information systems, as they play an essential role in facilitating the cross-border movement of goods, services and people.
The PSD2 regulatory framework aims to reduce costs, improve the security of payments and facilitate the emergence of innovative new mobile and internet payment methods.
(Published in Financier Worldwide magazine, December 2016)
A summary of the main corporate vehicles that can be created under the Irish Companies Act 2014
Crowdfunding is an open appeal to the public for funds for a specific project or for a specific objective. (Published by Mondaq, May 2015)
The right share option plan can enable an SME to attract, retain and motivate key individuals. This article describes what is involved in creating and adopting a share option plan.
The new EU AML/CTF Regime (i) aims to create a comprehensive legal framework for the prevention, detection, and investigation of money laundering and terrorist financing and (ii) aligns the new AML/CTF EU Regime with the recognised international standards of the Financial Action Task Force Anti Money Laundering and Counter Terrorist Financing Standards (FATF Standards). In fact, the new regime surpasses the FATF Standards in several areas. This article summarises the regime.