Domestically, the CBI published its Investment Firm and Intermediary Newsletter and Insurance Newsletter. At European level, EIOPA publishes its Annual Report for 2024 and its monthly technical RFR information.
FinanceDomestically, Irish Funds updated its AML/CFT/FS guidelines. At European level, ESMA publishes its UCITS eligible assets advice to the European Commission and launched a discussion paper on streamlining fund data reporting.
Asset Management & Investment FundsDomestically, the CBI published rules and guidance applicable to supervisory disclosures and updated the options and national discretions under the CRR. At European level, the European Council agreed its negotiating position on PSD3/PSR.
FinanceOn 1 July 2025, the Central Bank of Ireland (Central Bank) fined Swilly Mulroy Credit Union (SMCU) €36,273 for multiple breaches over a seven and a half year period.
DisputesOn 11 July 2025, amendments to corporate sustainability reporting obligations were announced at both national and European levels. In Ireland, the European Union Regulations 2025 were published.
ESG & SustainabilityThe International Registry established under the Convention on International Interests in Mobile Equipment (the Convention) provides for the electronic registration and protection of ‘international interests’ in aircraft assets.
DisputesThe Supreme Court has clarified the circumstances in which public authorities may be found to owe a duty of care and held liable for negligence in the exercise of their statutory powers.
DisputesFollowing publication of the regulatory technical standards on subcontracting ICT services supporting critical or important functions in the Official Journal of the EU on 2 July 2025, all technical standards under the Digital Operational Resilience Act (DORA) have now been published.
DORAThe State’s automatic retirement savings system called “My Future Fund” will now begin on 1 January 2026 instead of the planned commencement date of 30 September 2025.
EmploymentOn 28 May 2025, the Council and the European Parliament published a Provisional Agreement to amend the existing Directive on the European Works Council, Directive 2009/38/EC.
EmploymentG7 finance ministers have agreed to exclude US MNEs from certain aspects of the Pillar 2 global minimum tax rules. Read more.
TaxESMA proposes wide ranging changes to the UCITS landscape as part of its technical advice on the UCITS Eligible Assets Directive review. Read more.
Asset Management & Investment Funds
