In this article we examine the Green Claims Directive and the Green Transition Directive, and provide an overview of how the new directives may affect business practices.
DisputesIn this article we look at recently launched public consultations on the sustainability reporting standards to be used by SMEs. The article explores the exposure draft European sustainability reporting standards for listed SMEs prescribed by the Corporate Sustainability Reporting Directive, and the voluntary reporting standards for non-listed SMEs.
ESG & SustainabilityIn this article we examine the revision of the Energy Performance of Buildings Directive (EPBD) which is underway. The article explores the updated text for the recast EPBD which was published in March 2024 and differs in several key aspects from the December 2023 draft text.
ESG & SustainabilityThis article provides an overview of the key elements of the recently adopted Directive on Protection of the Environment through Criminal Law.
Environmental & PlanningPRIIPs KID Q&As, MMFs, and AML/CFT/FS.
Asset Management & Investment FundsDeadlines, ELTIFs, CBI priorities, CBI spotlight on financial crime, CBI markets updates, Consumer Protection Code, and Fitness & Probity review.
Asset Management & Investment FundsThe new Irish FDI screening regime will commence in the first week of September 2024.
EU, Competition & ProcurementDomestically, the CBI publishes Governor’s financial regulation priorities letter and its new regulatory and supervisory outlook. At European level, Council publishes the text of political agreement on AMLD6, the AML Regulation and the AMLA Regulation.
Financial Regulation AdvisoryDomestically, the CBI has published a checklist for change of business notifications. At European level, EIOPA has published shocked risk-free interest rate term structures and the Commission has published RTS on for the calculation of technical provisions and basic own funds for reporting.
FinanceDomestically, the CBI has published its financial regulation priorities for 2024 and is adjusting its submission procedures for fund authorisations. At European level, the European Commission will run a targeted consultation on macroprudential policies for NBFIs in 2024.
Asset Management & Investment FundsDomestically, the CBI published its Regulatory and Supervisory Outlook Report for 2024 with a specific MiFID investment firm sectoral focus. At European level, Governor Gabriel Makhlouf spoke at the Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach.
Asset Management & Investment FundsDomestically, the Department of Finance publishes its responses to the public consultation on the future of the bank levy. At European level, Commissioner Mairead McGuinness provides remarks on IBAN discrimination.
Finance