Domestically, the CBI established a streamlining process for pre-contractual document updates based on SFDR L2 requirements with a filing deadline of 1 December 2022. At European level, the European Commission adopted a legislative proposal for a new delegated regulation amending SFDR Level 2 RTS as a result of the Complementary Climate Delegated Act (made under the Taxonomy Regulation).
Asset Management & Investment FundsDomestically, the CBI published its second edition of the 2022 Intermediary Times newsletter. At European level, EIOPA publishes monthly technical information for Solvency II risk-free interest rate term structures and the equity capital charge.
Financial RegulationDomestically, the CBI Speech on addressing climate risk in the financial system during Climate Finance Week 2022. At European level, at the 'Payments Tomorrow' annual conference the EBA discussed the success of PSD2 and the future of PSD3.
Financial RegulationDomestically, the CBI publishes revised monthly client asset report template and guidance note. At European level, ESMA and ACER establish joint task force in oversight of energy and energy derivatives market.
Asset Management & Investment FundsDomestically, the CBI announced targeted changes to mortgages measures framework. At European level, the EBA publishes its report on its analysis of the EU dependence on non-EU banks and of EU banks' dependence on funding in foreign currency.
FinanceThe publication of the Gambling Regulation Bill (the Bill) has just been approved by the Government.
Betting, Gaming & LicensingPRIIPs KID SFDR, Taxonomy, ESMA strategy, work programme & supervisory priorities, securitisation regulation review, AML/ CFT/ Sanctions.
Asset Management & Investment FundsDeadlines, SFDR L2 filings, CBI note on SFDR/ TR, whistleblowing, GDPR SCCs, AIFMD Q&As, CBI speeches, outsourcing, AML , beneficial ownership deadline, AML transaction monitoring, CBI markets updates, market abuse.
Asset Management & Investment FundsThe Consumer Rights Act 2022, was signed by the President on 7 November 2022 having completed its passage through both Houses of the Oireachtas on 26 October 2022.
DisputesDuring the pandemic, the enactment of emergency legislation to tackle the challenges of the Covid-19 pandemic changed the landscape for commercial landlords in respect of rent arrears.
BelfastIn a significant announcement on Wednesday, 9 November 2022 the Minister for Enterprise, Trade and Employment outlined that the right to request remote working legislation is to be fast-tracked by way of integrating it into the Work Life Balance and Miscellaneous Provisions Bill 2022.
EmploymentAs set out in the cabinet office green paper published in December 2020, the UK Government views the UK's exit from the European Union as a historic opportunity to overhaul the complex public procurement regime.
Belfast
