The European Securities Authorities (ESAs) issued a series of questions to the EC in relation to the interpretation of SFDR in September 2022.
Asset Management & Investment FundsThe European Commission has published draft technical screening criteria in respect of four of the environmental objectives under the Taxonomy Regulation and proposed amendments to the Taxonomy Article 8 Delegated Act and the Taxonomy Climate Delegated Act.
Asset Management & Investment FundsLast year marked a number of significant legal developments for the protection of consumers. In 2023, attention now shifts to the enforcement of these rights.
DisputesOn 13 March 2023, the Representative Actions for the Protection of the Collective Interests of Consumers Bill 2023 (the Bill) was published.
DisputesIn this guide, we provide a detailed overview of the IAF Consultation, together with analyses of what is now clearer and what remains to be clarified. We also set out practical guidance on what this means for you and your firm.
Regulatory Risk & InvestigationsALG guides to both the IAF and SEAR, and the Central Bank IAF Consultation.
Regulatory Risk & InvestigationsDomestically, the anticipated Guidance for (Re)Insurance Undertakings on Climate Change Risk has been published by the CBI. At European level, EIOPA has published a supervisory statement on differential pricing practices in the non-life insurance sector.
Financial RegulationDomestically, the CBI has published an industry letter on costs and fees of UCITS and AIFs. At European level, a speech has been delivered by the ESMA on the macro-prudential supervision of investment funds.
Asset Management & Investment FundsDomestically, the CBI has published the "Dear CEO letter - MiFID Structured Retail Product Review – Supervisory Guidance". At European level, the ESMA has raised concerns in relation to the proposed changes to the insider list regime.
Asset Management & Investment FundsDomestically, the President of Ireland signed the Central Bank (Individual Accountability Framework) Bill 2022 (IAF Bill) into law. At European level, the EBA published a consultation paper in relation to amendments to guidelines on risk-based anti-money laundering and countering the financing of terrorism (AML/CFT) supervision.
Financial RegulationDomestically, the Central Bank of Ireland (CBI) has published its Quarterly Bulletin 2023 which found that inflation is easing but is expected to remain elevated. At European level, the EBA has published a new set of indicators to identify potential causes of consumer harm.
FinanceNorthern Ireland is making strides towards a more sustainable future by encouraging the adoption of electric vehicles. However, the lack of electric vehicle charging points in the region is becoming a significant barrier to the widespread uptake of electric vehicles.
Belfast
