The Criminal Justice (Corruption Offences) Bill, 2017, has been published by the Minister for Justice and Equality. This Bill is one of the actions identified by the Government last week, as part of a broader package of measures to tackle white collar crime. Enactment is scheduled for Q4 2018.
Regulatory Risk & InvestigationsFrom a domestic perspective, the Central Bank has published new application forms and related guidance for authorisation as a Payment Institution and Electronic Money Institution. New guidance has also been issued with regards to the industry funding levy and transaction reporting under MiFIR. At a European level, the Commission has issued guidance on obtaining brokerage and research services...
Financial RegulationFrom a domestic perspective, it has been a relatively quiet month for investment firms. However, at a European level, ESMA has been occupied with MiFID II/MiFIR related activity. ESMA is continuing to update its Q&As on both pieces of legislation and it highlighted the preparations it is undertaking for MiFID II and Brexit in a speech at the ECON hearing where there was particular focus on third
Financial RegulationOn the domestic front the Central Bank held its Annual Insurance Industry Briefing; the Civil Liability (Amendment) Bill 2017 approaches final stages. On the European front the European Parliament calls for a delay on application of the Insurance Distribution Directive; EIOPA publishes its first set of advice on specific elements of the Solvency II Delegated Regulation and Guidelines on Complex...
Financial RegulationIn this month's funds update we look at speeches made by the CBI's Director of Asset management and the Minister of State for Financial Services and Insurance at the A&L Goodbody Annual Asset Management & Investment Seminar. Domestically, we also cover amendments to the CBI's UCITS and AIFMD Q&A; and on the European front we have a number of ESMA updates....
Financial RegulationFrom a domestic perspective, the main update this month concerns the ongoing Tracker Mortgage Examination and related frequently asked questions document produced by the Central Bank in response to the Examination. On a European level, the EBA and ECB are continuing to issue guidance in preparation for Brexit, with the EBA publishing an opinion with practical recommendations for firms in the 18...
Financial RegulationConstruction Wages; Gender Pay Gap; Data Protection
EmploymentCorporate Governance Review 2017 - Ireland
Corporate Governance & ComplianceThe Financial Action Task Force (FATF) has published its mutual evaluation report (MER) on Ireland following its assessment of the country's anti-money laundering and counter-terrorist financing (AML/CFT) system.
Asset Management & Investment FundsWhat is the latest update on the transposition of the Fourth Anti-Money Laundering Directive in relation to the beneficial ownership of trusts?
Asset Management & Investment FundsOn the International Front we look at: ESMA Q&A's on AIFMD and UCITS; MiFID II; EMIR; CSDR; ESMA work; Benchmarks Regulation and AML / CTF
Asset Management & Investment FundsIn Irish practice developments we look at some approaching deadlines; Speeches by Michael D’Arcy and Michael Hodson; Central Bank Markets Update; Central Bank levy
Asset Management & Investment Funds