European Union: Dodd-Frank, Consumer Protection Act

Germany's Federal Cabinet has approved a draft bill modernizing the country's product liability framework for the first time since 1989, expanding liability to cover software and AI systems while introducing new evidentiary rules that shift the burden of proof toward manufacturers. The reform extends potential liability to a broader range of economic operators, including online marketplace providers and fulfillment service providers, while establishing extensive disclosure obligations for defendants in prod

The Central Bank of Ireland has released a comprehensive thematic assessment examining compliance functions within MiFID investment firms, revealing both strengths and critical...

The Central Bank of Ireland has published findings from its thematic assessment of compliance functions within MiFID investment firms, revealing both strengths and critical gaps in how firms manage regulatory obligations. The assessment examined firms' adherence to compliance requirements, monitoring processes, and board reporting practices, identifying specific areas where improvements are urgently needed. Firms are now expected to conduct self-assessments and address identified deficiencies promptly.

The Central Bank of Ireland (CBI) has two consultations under the Finance (Provision of Access to Cash Infrastructure) Act 2025 (the Act) closing on 4 March 2026.

The case was brought before the ECJ in the form of a preliminary ruling. The court was faced with the question of whether the business activities of the plaintiff, Betaal Garant Nederland CV (Betaal)...

This comprehensive update examines the rapidly evolving regulatory landscape for crypto-asset service providers in Ireland and the EU, covering Central Bank of Ireland's alignment with MiCAR requirements, the European Commission's EU Inc proposal for tokenised shares, and the Eurosystem's ambitious roadmap for wholesale DLT infrastructure. How are these interconnected developments reshaping the framework for digital assets and tokenisation across European financial markets?

Ireland is home to a wide variety of financial services providers. To support both providers and their customers, there is an array of financial services legislation...

There has been increased focus on consumer protection – both at an Irish and European level – and more changes are to come.

The German Federal Ministry of Justice and Consumer Protection (BMJV) has proposed a draft bill revising the German Product Liability Act (ProdHaftG-E)...