IORP II is set to be transposed into Irish law in the "coming months", although no actual date has been given by the Department of Social Protection. It will have a significant impact on the pensions landscape in Ireland and impose a range of new requirements on pension schemes.

Read Pensions and Tax in the Irish Agenda on Ireland Supports Mechanisms to Resolve Double Taxation Disputes Between Member States.

Businesses and communities are dealing with many COVID-19 related issues that are causing severe business disruption. The Irish government has been swift to introduce new measures to mitigate the effects of COVID-19 on business.

In its last quarterly Insurance Newsletter of 2024, the Central Bank of Ireland (Central Bank) provided an update that it has revised its Notification Guidance for (Re)insurance Undertakings when Outsourcing Critical or Important Functions or Activities (CIFA) under Solvency II (Guidance).

On 22 November 2022, the Court of Justice of the European Union (CJEU) published a decision affecting European member states national beneficial ownership registers (Decision).

In its final Insurance Newsletter for 2022, the Central Bank of Ireland (Central Bank) published a particularly useful synopsis of the key prudential risks that it has identified during its risk assessment and scanning process of 2022.

Prudential Assurance Company Ltd (Prudential) and Rothesay Life plc (Rothesay) successfully overturned the English High Court's refusal to sanction the proposed transfer of a portfolio of annuities from Prudential to Rothesay.

On 8 December 2020, the Government published its first "Action Plan for Insurance Reform" in Ireland (the Action Plan). The publication of the Action Plan reinforces the Government's emphasis on insurance reform in its "Programme for Government – Our Share Future" (the Programme for Government) published in June 2020.

While it may seem that we have been talking about the Digital Operational Resilience Act (DORA) since the beginning of time, DORA’s application date finally arrived on Friday, 17 January 2025.