Practice News

Location for EU Anti-Money Laundering Agency to be decided

Location for EU Anti-Money Laundering Agency to be decided

The competition to select a city to host the new EU Anti-Money Laundering Agency (AMLA) will get underway in Brussels today, with Dublin in contention along with eight other cities. Ireland is competing against eight other member states – France, Belgium, Spain,...

Ireland’s national debt stands at €42,000 per capita

Ireland’s national debt stands at €42,000 per capita

Ireland’s national debt continued to fall last year but remains one of the highest in the world at €42,000 per capita, the Department of Finance’s report on public debt shows. Only Japan, Belgium and Italy have higher levels of borrowings per person. The country’s...

Vast majority of Irish tech start-ups embracing AI – survey

Vast majority of Irish tech start-ups embracing AI – survey

The vast majority of Irish tech start-up and scaling companies are deploying or preparing to deploy artificial intelligence (AI) according to a new survey. The research from Scale Ireland also shows that finance is still the biggest challenge facing indigenous...

Big jump in cyber-attacks using stolen identities – IBM

Big jump in cyber-attacks using stolen identities – IBM

There has been a 71% global spike in cyber-attacks involving stolen identities according to IBM. Its latest X-Force Threat Intelligence Index found there was a growing trend in 2023 of cyber-criminals logging into corporate networks using stolen credentials as opposed...

Credit Unions report mortgage lending up 15%

Credit Unions report mortgage lending up 15%

Mortgage lending at credit unions was up 15% in the last three months of the year, with the mortgage book now over €500m for the first time. The Irish League of Credit Unions represents 92% of the total active credit unions here. Its quarterly results show an overall...

Increase in SMEs’ interest in green supports – survey

Increase in SMEs’ interest in green supports – survey

A new report shows the level of small and medium-sized businesses who are interested in grants to help them invest in sustainable measures increased by over 40% in the past year. Uisce Éireann’s latest SME Sustainability Sentiment Survey also reveals that more than a...

New online safety rules come into force across EU

New online safety rules come into force across EU

The European Union’s new online safety rules come into full force today in Ireland and across the EU. The Digital Services Act requires online platforms to do more when it comes to removing harmful content and tackling the spread of disinformation. Companies face...

Faulty goods, services cost nearly €1bn last year – CCPC

Faulty goods, services cost nearly €1bn last year – CCPC

The cost to consumers in Ireland to deal with faulty goods and services last year was close to €1 billion, according to the Competition and Consumer Protection Commission (CCPC). The commission calculated the figure based on initial financial outlays by consumers,...