Domestically it has been a relatively quiet month. The CBI issued a warning on an unauthorised investment firm and also issued the 5th edition of the Investment Firms Q&As. On the European front, ESMA published its 2019 Work Programme and also updated its opinion on ancillary activity calculations. ESMA also updated its Q&As on MiFID II and MiFIR commodity derivative topics.
Financial RegulationOn the domestic front, the Department of Finance has published a feasibility study into a claim-by-claim register. From a European perspective, European Insurance and Occupational Pensions Authority (EIOPA) published a decision on co-operation in supervision of cross-border insurance distribution, the EIOPA has also requested feedback on illiquid liabilities.
Financial RegulationDomestically, the CBI has introduced a self-certification regime in respect of financial indices used by UCITS for investment or efficient portfolio management purposes. Martina Kelly, the CBI's Head of Markets Policy Division also delivered a speech on the implementation of CP86. On the European front, the Joint Committee of the ESAs published a letter to the European Commission about...
Financial RegulationThe Director of Consumer protection Grainne McEvoy gave an address about the Central Bank of Ireland's (CBI) work on behaviour and culture; The EBA has has provided feedback on the draft revised CRR2, the CRD5 and the BRRD2. The EBA has also announced the timing for the publication for the 2018 EU-wide stress test, and has published reports on the impact of the Basel reforms and the....
Financial RegulationThe Markets in Financial Instruments Act 2018 (the Act) was signed by the President on 29 October 2018 and has accordingly become law.
FinanceA recent Labour Court recommendation serves as a useful reminder to employers that they do not enjoy a carte blanche when it comes to dismissing employees on probation. This case has attracted widespread media coverage as it concerns the Park Hotel Kenmare, which is owned and operated by the Brennan brothers of RTE's 'At Your Service' fame.
Employment
The UK Cryptoassets Taskforce published its Final Report on cryptoassets and distributed ledger technology (DLT).
Client TechJoe Kelly, Parnter explores the questions posed by the signing of the Declaration from the Gaming Regulators European Forum
Betting, Gaming & LicensingRevised UCITS & AIFMD depositary safekeeping duties, PRIIPs KIDs and UCITS KIIDs, ESMA AIFMD Q&A, ESMA BMR Q&AS MMFs, AML/CTF
Asset Management & Investment FundsDoes the EU Securitisation Regulation have any impact on UCITS and AIFs?
Asset Management & Investment FundsDeadlines, Central Bank speeches, Central Bank moves to self-certification in authorisation and post- authorisation of UCITS and RIAIFs, Central Bank guidance for UCITS using financial indices, UK Temporary Permissions Regime, GDPR.
Asset Management & Investment FundsIssues facing business crime defence lawyers and their clients in the industry today.
Disputes
