ICT meaning

On 24 March 2025, the Central Bank of Ireland (Central Bank) released its inaugural Insurance Quarterly Newsletter (newsletter) for 2025. It features several significant pieces for Irish (re)insurers, such as the Central Bank’s yearly Regulatory & Supervisory Outlook Report, discussion of asset‑intensive reinsurance, and updates to the Consumer Protection Code (with the Business Standards). The Regulatory and Supervisory Outlook Report The Central Bank published its Regulatory and Supervisory Outlook Report on 28 February 2025 (report). It set out the Central Bank’s perspective on principal trends and risks across the financial system and came with a Dear CEO letter describing the Central Bank’s updated supervisory approach. The newsletter draws out the report’s central themes, notably the Central Bank’s Supervisory Priorities for 2025. proactive risk control and leadership that puts consumers at the centre within firms ensuring firms remain resilient amid a difficult macroeconomic backdrop remediation of weaknesses in operating frameworks by firms effective change management within firms tackling climate change and progressing...

In this issue EU fundamentals Competition and state aid Data protection and cybersecurity Financial services Energy Environment Insurance and reinsurance Life sciences Regulatory TMT Daily and weekly news alerts New and updated content Trackers EU fundamentals EU Law—key developments in 2025 and horizon scanning for 2026 This News Analysis distils the principal EU developments from 2025 and highlights what is expected in 2026. See News Analysis: EU Law—key developments in 2025 and horizon scanning for 2026. Competition and state aid Antitrust—Google and Alphabet v Commission An application for annulment has been submitted to the General Court in Case T-794/25, Google and Alphabet v Commission, contesting the Commission’s prohibition decision on Adtech and data-related practices (abuse of dominance) (AT.40670), under Article 102 TFEU and Article 54 of the EEA Agreement—see further, application. See News Analysis: EU Competition law—daily round-up (12/01/2026). Foreign Subsidies Regulation—Commission’s guidelines The Commission...

Applications submitted before this date will be determined under the Rules in effect on 30 November 2020. See: LNB News 22/10/2020 80. The Migration Advisory Committee (MAC) has been asked to examine the Intra-Company Transfer route and to report on issues including salary and skill thresholds, whether separate arrangements should exist for high earners, and points of divergence from the Skilled Worker route. The MAC aims to provide its findings by the end of October 2021. Any adjustments to the route are expected to follow in 2022. See: LNB News 07/10/2020 76. Appendix Intra-Company Routes The Tier 2 (Intra-Company Transfer) (ICT) route will be retitled as the Intra-Company routes, as flagged in the Home Office’s July 2020 further details paper. The two strands are the core Intra-Company Transfer and the Intra-Company Graduate Transferee. Provisions currently located in Part 6A and Appendix A are being revoked and replaced with a new ‘Appendix Intra-Company Routes’, which also delineates the rules for dependants. References to dependants of Tier 2 (ICT) migrants...

This Practice Note outlines the meaning of information and communication technology (ICT), how organisations can gain from integrating it, and the potential risks tied to its use. It also offers practical guidance on how to formulate, draft and implement a strategic ICT plan. For guidance on the use of artificial intelligence (AI), see subtopic: Artificial intelligence compliance. What is ICT? Information and communication technology (ICT) is an umbrella term for all technical means used to manage information and support communication. It spans tools such as computer and network hardware and software, satellite systems and mobile phones, together with the many services and applications linked to them. Many regard the significance of ICT not as the technology itself but as its ability to expand access to information and communication. Benefits of ICT With tighter budgets and growing economic and environmental pressures, organisations may find they need to invest in and deploy ICT to streamline processes and enhance efficiency. Implementing ICT can be crucial to an organisation’s economic...

Project documents This Practice Note offers an overview of several widely used agreements and papers in a PFI/PF2 scheme, though the precise suite adopted will turn on the particular project. In the 2018 Budget (delivered on 29 October 2018), the government stated that PF2 will not be used for new schemes (see News Analysis: Budget 2018—what does it mean for infrastructure and housebuilding?). That said, existing PFI and PF2 arrangements will remain in operation and, given the usual term of such projects, are expected to continue for many years... Project Agreement This is the core contract in any PFI arrangement. It records the full set of terms and conditions governing the relationship between the Authority and Project Co/SPV for the life of the project. Where Project Co/SPV is granted a concession (ie the exclusive right to supply/operate/exploit something to create third party revenue), the Project Agreement may be described as a concession agreement. Typically a substantial document, it is often divided into multiple sections for manageability. Under...

Background In December 2015, the Migration Advisory Committee (MAC)—an independent arm’s length public body advising government on immigration—issued a comprehensive assessment of Tier 2 policy. At that point, Tier 2 encompassed the skilled worker pathways. Among its proposals, the MAC suggested an Immigration Skills Charge (ISC) to encourage UK employers to ‘reduce their reliance’ on migrant labour and channel resources into training and upskilling domestic workers. The Committee examined this at the government’s specific request, and provision for an ISC already appeared in the Immigration Bill then before Parliament, which later became the Immigration Act 2016 (IA 2016). The MAC advised that the levy should apply to all sponsoring employers hiring via Tier 2 (General) and (Intra-Company Transfer) (ICT) routes, save for cases where individuals were sponsored under the Graduate Trainee and the (then still operating) Skills Transfer ICT sub-categories. On 24 March 2016, the government issued its response to the MAC’s review, agreeing to most of the Committee’s recommendations. The response broadly endorsed the MAC’s overall approach and...

Precedent ICT (information and communication technology) risk assessment and risk management plan This Precedent ICT (information and communication technology) risk assessment and risk management plan lets you record risks linked to any proposed ICT development and explain how those risks will be handled. It is pre-populated with examples, which you can easily delete if needed...

1 General information Date of review: [ Insert date ] Person(s) conducting review: [ Insert name(s) ] 2 Review and findings Have shifts in your organisation’s principal business goals altered anything that would affect the objectives of your ICT plan at this time? ☐ Yes (create an action at 3 below to revise the ICT plan) ☐ No Does your organisation’s ICT plan align with all other related policies and documents in full? ☐ Yes ☐ No (record an action at 3 below) Is the Schedule of primary ICT contacts current at present? ☐ Yes ☐ No (note an action at 3 below) Does the Schedule of the current ICT environment accurately represent your organisation’s present ICT resources right now?...

Precedent Information communication technology (ICT) action list This Precedent Information communication technology (ICT) action list can be used to catalogue all ICT tasks scheduled for the current and forthcoming financial years, eg procuring new laptops or undertaking any website developments over those periods...