Law360, London: Iran's state oil company on 30 September 2025 lost aapplication to avoid handing over an office to pay a US$2.4bn arbitration award, with a London appeals court upholding a ruling that the property was transferred into a trust to keep it out of creditors' hands.

Law360, London: Oil tankers are staying away from the Strait of Hormuz because of concerns about safety rather than a scarcity of insurance, the International Underwriting Association (IUA) has said.

Law360, Expert analysis: On 27 September 2026, the United Nations (UN) Security Council reimposed the full gamut of UN sanctions targeting Iran's nuclear proliferation program, doing so by operation of a so-called snapback mechanism. John Sandage, of counsel at Berliner Corcoran & Rowe LLP, discusses the implications of this development, noting how the reimposed sanctions, along with additional EU and UK measures, signal renewed international pressure on Iran. He highlights the broad scope of these sanctions and the heightened compliance challenges they pose for US and non-US companies, warning that expanded enforcement and secondary sanctions risks will require greater vigilance and due diligence.

A conversation with Thomas Calvert, partner, and Aro Omar, senior associate, on key issues on merger control in Iraq. 1. Have there been any recent developments regarding the Iraq merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Iraq? The Competition and Anti-trust Law No. 14 of 2010 (“CAL”) is the primary legislation governing competition and anti-trust matters in Iraq. The purpose of the CAL is to regulate competition in the market and prevent monopoly practices that are detrimental to participants in the Iraq market. In terms of recent developments, we understand that the Council of Competition and Anti-trust Affairs (the “Council”) was established and convened for its inaugural session on July 10th, 2023. Article 4.1 of the CAL calls for the establishment of the Council, designated as the primary governmental body for enforcing the CAL. Pursuant to Article 1.2 of the CAL, the Council is endowed with juristic, financial, and administrative autonomy, ensuring its operation is free from oversight by other governmental

What is the impact of Brexit on the Ireland Capacity Remuneration Mechanism? 11 pm (GMT) on 31 December 2020 marked the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements came to an end and significant changes began to take effect across the UK’s legal regime. Any changes relevant to this content will be set out below. Upon IP completion day, the European Union (Withdrawal) Act 2018 (EU(W)A 2018) created a new category of domestic UK law—retained EU Law (REUL)—made up of EU-derived rights and legislation that were preserved in the UK following Brexit. On 29 June 2023, the Retained EU Law (Revocation and Reform) Act 2023 (REUL(RR)A 2023) gained Royal Assent. REUL(RR)A 2023 reforms the treatment of REUL by:  • revoking substantial amounts of REUL from 31 December 2023 • re-labelling REUL as ‘assimilated law’ from 1 January 2024 • creating new powers in relation to assimilated law The

Law360, London: The Central Bank of Ireland has banned the former chief actuary at one of the country's largest insurers from serving in a similar role for the next five years.

1. What is the applicable legislation? The Irish Screening of Third Country Transactions Act 2023 (Act 2023) was brought into operation on 6 January 2025. 2. Which government or other body (or bodies) reviews foreign investments? The Act 2023 gives the Irish Minister for Enterprise, Tourism and Employment (the Minister) the power to review certain foreign investments. 3. What is the scope of the foreign investment regime? Does it only apply to specific sectors or types of investors (eg foreign or non-EU / non-WTO)? Are there specific rules for certain types of investors (eg state-owned enterprises)? What is the scope of the foreign investment regime? The Act 2023 applies, in general, to a third country undertaking where it, or a person connected to it, acquires ownership of an asset or undertaking in the State/Republic of Ireland. Its scope spans the five sectors referred to in Article 4(1) of EU Regulation 2019/452 establishing a framework for the screening of foreign direct investment into the EU (Regulation 2019/452). The Minister has powers in respect of

Law360: Ireland's decision to delay a constitutional referendum to officially join Europe's unitary patent system amid concerns about lack of public engagement could leave Dublin without a hand in shaping the court if it doesn't reschedule the vote soon, patent lawyers warn.

This table summarises all completed investigations by Ireland’s competition authority (the Competition and Consumer Protection Commission—CCPC) into alleged cartels, anti-competitive agreements and abuses of dominant positions (Articles 101/102 TFEU and national equivalents) since 2015. Note—only investigations that have been made public are included in this table. 2025 Investigations under Article 101 TFEU/Section 4 of the Competition Act 2002 The CCPC did not issue any decisions under Article 101/section 4 in 2025 Investigations under Article 102 TFEU/Sections 5-7 of the Competition Act 2002 The CCPC did not issue any decisions under Article 102 TFEU/section 5 in 2025 2024 Investigations under Article 101 TFEU/Section 4 of the Competition Act 2002 Case name, companies under investigation and industry Issues Developments The CCPC did not issue any decisions under Article 101/section 4 in 2024 Investigations under Article 102 TFEU/Sections 5-7 of the Competition Act 2002 Case name, companies under investigation and industry Issues Developments The CCPC did not issue any decisions under Article 102 TFEU/section 5 in 2024 2023 Investigations

Law360: The government of Ireland unveiled new legislation on 31 May 2024 for the creation of a fund to pay out on claims to insolvent insurance companies, a week after Brussels threatened infringement proceedings.

Ireland—Banking & Financial Services analysis: This article was written by Ruth Lillis, partner (Debt Finance), Sarah Thompson, partner (Financial Regulation), David Molloy, partner (Debt Finance), Phil Cody, partner (Structured Finance and Securitisation), Katherine Quirke, of counsel (Debt Finance) and Sinéad Cantillon, senior professional support lawyer (Debt Finance), of Arthur Cox LLP. It covers measures relating to financial services legislation and regulation, sector-specific initiatives, digital assets and tokenisation, sustainable finance and skills, and the Strategy's broader aim of strengthening Ireland's competitiveness as an international financial services centre.

Law360: The EU's highest court has fined Ireland €4.5m over 'persistent' delays bringing in telecommunications regulations designed to overhaul the industry and improve connection speeds and services across the EU.