Companies have less than a year left to prepare for NIS2 and DORA, two wide-ranging pieces of EU cyber laws that will shake up how industries protect themselves, say PwC experts.
The industry has long been in a regulatory grey zone. Now, new documents show the EPA is monitoring multiple peat operators in a bid to crack down on suspected unlicensed extraction.
The potential of magic mushrooms to help people suffering from severe depression, PTSD and anorexia in a novel way has moved from low-key scientific studies to a point where regulatory approval may be on the horizon. Irish practitioners and businesses have entered this race, but many questions remain.
The extended transition period for new EU regulations on medical devices is giving stakeholders more time on a workload that was “probably underestimated”. The sector has a large industrial presence in Ireland.
The European Commission’s competition and digital regulation boss Margrethe Vestager came to Dublin on the back of passing a raft of new legislation to police the internet this summer. If Ireland doesn’t take a more active role in the patrol, she says she’ll do it herself.
Yesterday, the Central Bank announced a record €100.5 million fine for Bank of Ireland over its treatment of customers on tracker mortgages. The fine, however, doesn't explain the 9.6 per cent drop in the bank's market value since Wednesday.
Ryanair veteran Diarmuid Ó Conghaile was set to head up a new agency overseeing all aspects of aviation regulation. Instead, he is moving on to another role in the industry.
The tracker scandal was not an outlier for AIB. As the sad tale of the Belfry Funds shows, the bank has repeatedly put its own interests above those of its customers.
It may have been a coincidence, but the days surrounding the billionaire’s deal to acquire Twitter with the self-confessed goal of deregulating the platform saw a series of events going in the opposite direction in Europe.
The former Davy boss rightly argues that the Central Bank made no findings against individuals in the firm. But he neglects to mention that this was because of obsolete laws making it practically impossible. Will the government’s new legislation change the dynamic?
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