Arthur Cox LLP

In line with international developments, the Government is introducing a new foreign investment screening regime in Ireland. The Screening of Third Country Transactions Act 2023 (the “Act”) was signed into law on 31 October 2023 and will commence operation on 6 January 2025. The Act sets out a framework to enable the Minister for Enterprise, Trade and Employment (the “Minister”) to review, for the first time, transactions involving foreign investment that may impact on security or public order in Ireland. The Act also grants the Minister the power to mitigate the effect of transactions in sensitive sectors identified as problematic or, if necessary, prohibit them outright. To read the full briefing, click here: https://lnkd.in/ePbHXGxR #ForeignInvestmentScreeningRegime

The AI Act represents the first comprehensive legal framework for artificial intelligence, addressing associated risks and obligations for providers.  Earlier this year, our Technology and Innovation Group created a five part video series on the AI Act, led by Rosemarie Blake, collated into this podcast episode which discusses the AI Act, the timeline of obligations, general purpose AI, enforcement, GDPR interplay and compliance obligations for actors in the AI value chain. To watch the full episode, please visit: https://lnkd.in/erBUmRh5 #AIAct 

Chambers and Partners has published their DEI Global Report for 2024, which features our firm's case study 'Protecting LGBT+ Rights'. Chambers has been producing DEI Reports to highlight exemplary DEI work by firms in a number of jurisdictions. Our case study focuses on actions, events and initiatives carried out by our firm's LGBTQ+ committee, alliance, to provide greater recognition and support to minority groups within the LGBTQ+ community. For more, and to read our case study, please click here: https://lnkd.in/dqt7sSH5 #DEI

The European Commission’s Digital Operational Resilience Act (DORA) is set to revolutionise ICT risk management for financial entities. Coming into force on January 17 2025, DORA will streamline and enhance existing requirements into a single, comprehensive legislative instrument. This landmark regulation will impact a broad spectrum of financial entities, including credit institutions, electronic money institutions, investment firms, insurance, and re-insurance undertakings. Notably, it will also bring certain major ICT service providers formally within scope of supervision of the European Supervisory Authorities for the first time. Stay ahead of the curve and ensure you are prepared, visit our website to learn more about DORA and how it will affect your organisation: https://lnkd.in/eqF-Fgm8 #DORA #ICTRiskManagement #FinancialServices #RegulationUpdate

The EU product compliance landscape has significantly changed as a new Product Liability Directive and General Product Safety Regulation are now in place. We take a look at what has changed and what happens now: https://lnkd.in/eNaW8YBd #ProductLiability #ProductSafety

We are pleased to sponsor the 2025 National Pensions Summit, presented by the Business Post, taking place in Croke Park in Dublin on 30 January. This year's event will focus on the theme, 'Cutting through the Noise: Pension Attention in a Disrupted World', and will provide a unique opportunity for employers and businesses to hear from experts in the pension community about the Irish pension landscape in 2025 and beyond. For more, please click here: https://lnkd.in/eQA9q4rj

Christmas has arrived at Arthur Cox! 🎄 We have been getting in a festive mood with our Choir serenading staff with seasonal songs as everyone enjoyed festive treats in the Atrium. Our people also got Christmas-competitive recently with a Gingerbread House contest, raising money for Children's Health Foundation. Gingerbread houses were constructed and designed with sweets and treats. 🍭🍫 #HappyChristmas

Interested in applying for our Summer Intern Programme 2025, but not sure where to start? Check out our four top tips: - Allocate Time ⏰ - Tailor Your Application ✨ - Hobbies & Interests 🎨⚽ - Be Yourself 🌟 Don’t forget, applications close at 5:30pm on Monday, 27 January 2025. To apply to the Summer Intern Programme 2025, click here: https://lnkd.in/eT8Tu25P

The latest issue of Irish building magazine features an article by Thompson Barry Doherty, Associate in our Construction and Engineering Group. The article explores various types of performance security, such as performance bonds, and discusses their purposes and key considerations. It also touches on recent case law in Ireland and England, which underscores the importance of clear drafting in performance bonds to avoid disputes and ensure that claims can be effectively pursued. To read the full article please, click here: https://lnkd.in/e55hrzX5

We are pleased to have advised 3i Group plc on its investment in WaterWipes, a global leader in baby wipes, to further accelerate WaterWipes growth. Our team was led by Maura McLaughlin (Corporate and M&A) and included Niamh O'Toole, Eoin McCague, Glyn McCormack (Corporate and M&A), Ed McDonagh, Aisling Brennan (Debt Finance), Stephanie McGovern (Real Estate), Jacinta Conway, David JJ Ryan (Environment and Planning), Ailbhe Moloney (Employment), Ciara Anderson, Lukas Mitterlechner (Technology and Innovation) and Patrick Horan and Ailbhe Ó Faoláin (Competition and Regulated Markets). Read more here: https://lnkd.in/eqVt2F-s