The Irish Tax Appeals Commission has recently published its 2023 Annual Report providing an insight into the activities and trends in its area of responsibility.
TaxMandatory gender pay gap reporting in Ireland is now in its third year and, as expected, the threshold drops this year (2024) from employers with 250 or more employees to those with 150 or more employees.
EmploymentDomestically, Deputy Governor of the CBI, Derville Rowland discusses the new EU AMLA. At European level, the EBA publishes three final draft regulatory technical standards (RTS) and a draft implementing technical standards (ITS) under MiCAR.
Financial Regulation AdvisoryDomestically, the CBI publishes updated guidance notes in respect of the authorisation application for MiFID investment firms. At European level, ESMA publishes a position paper on “Building more effective and attractive capital markets in the EU”.
Asset Management & Investment FundsDomestically, the Motor Insurance Compensation Bill begins formal legislative process. At European level, the Prudent Person Principle under Solvency II peer review results and Insurance Risk Dashboard for Q4 2023 are published by EIOPA.
FinanceDomestically, the CBI published notice of intention for guidelines on stress test scenarios under the MMF Regulation. At European level, ESMA publishes updated guidance on the calculation of performance fees for UCITS and AIFs.
Asset Management & Investment FundsDomestically, the Minister for Finance holds a workshop on the National Payment Strategy and the CBI publishes its 2023 Annual Report. At European level, the EBA comments on divergences in the application of regulation on virtual IBANs in the EU.
FinancePerformance fees, greenwashing, SFDR, Investment Firms’ prudential framework, AI, MiFID II marketing requirements, AML/CFT/FS.
Asset Management & Investment FundsDeadlines, CBI Markets Update.
Asset Management & Investment FundsThe Final Report responds to the European Commission’s May 2022 request to the three European Supervisory Authorities for their respective input on greenwashing risks and supervision of sustainable finance policies.
Asset Management & Investment FundsThe Screening of Third Country Transactions Act 2023 (Irish Screening Act) is due to come into force in the 1st week of September 2024.
EU, Competition & ProcurementThe 2023 Annual Report of the Irish Revenue Commissioners (Revenue) was recently published. 2023 notably marked a century since Revenue was established, on 21 February 1923.
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