Three days before the UK was due to leave the EU on 31 October 2019, the European Council agreed to give the UK a further extension on its notice period to leave the EU.
BrexitThe Competition and Markets Authority (CMA) has recently issued 3 firms with fines totalling more than £36m for breaking competition law in supplying certain concrete drainage products for building projects
BelfastIn a shrewd move by the EU, Michel Barnier (the European Commission's Chief Brexit Negotiator) has been appointed to lead the new European Commission "taskforce". He will handle, among other issues, the second phase of the talks between the EU and the UK.
BrexitSome approaching compliance deadlines and Central Bank speeches
Asset Management & Investment FundsESA consultation on KIDs for PRIIPs; ESMA Update on Brexit; Use of derivatives by equity UCITS; ESMA TRV; Benchmarks; ESMA work programme; Joint Committee of ESAs work programme; AML/ CTF.
Asset Management & Investment FundsWhat is the Senior Executive Accountability Regime or SEAR?
Asset Management & Investment FundsOn 19 October 2019, after a day in the House of Commons which the UK Prime Minister Boris Johnson must have found frustrating (because the Meaningful Vote on his Revised Withdrawal Agreement did not take place), the Prime Minister sent an unsigned letter to the President of the European Council.
BrexitThe Irish Minister for Finance and Public Expenditure & Reform, Mr Paschal Donohoe, made his Budget speech to the Irish Parliament on Tuesday 8 October 2019 and published the Finance Bill 2019 on 17 October 2019.
FinanceLet us assume that the negotiators in the “tunnel” agree a deal, then what happens next?
BrexitCustoms unions might be described as a form of free trade agreements (FTA) in which parties to such an agreement agree to provide each other with certain trade benefits such as no tariffs on trade in goods within such a union.
EU, Competition & ProcurementAt a domestic level, the Register of Beneficial Owners went live and the Central Bank finalised its Anti-Money Laundering Guidelines. At EU level, the ECB made some statements in relation to 'stablecoins' and there were a number of different surveys and reports published relating to the future of the financial system.
Financial RegulationThis month, the Central Bank publishes new rules to be included in the Consumer Protection Code 2012 and the Central Bank Deputy Governor voiced concern over readiness of insurance companies for Brexit; EIOPA published an opinion on sustainability within Solvency II and published a report on cyber resilience frameworks for insurers
Financial Regulation
