Domestically, the CBI has published its first Financial Stability Review of 2023. At European level, the European Parliament and Council have reached provisional political agreement on the implementation of the Basel III reforms.
FinanceIreland has just passed new lobbying legislation, the Regulation of Lobbying and Oireachtas (Allowances to Members) (Amendment) Act 2023. The new law updates and strengthens Ireland's existing lobbying rules, extending their scope and enhancing the enforcement provisions. Listen to our latest Soundbite here.
InvestigationsThe Gender Pay Gap Information Act and Regulations require employers with 250 or more employees to publish details of the gender pay gap (GPG) in their organisation by this December. Read more here.
EmploymentIn a surprise move, notification of regulations amending the European Union (Anti-Money laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 was published in the Iris Oifigiúil on Friday, 16 June 2023.
Asset Management & Investment FundsWith Member States supposed to apply the EU Collective Redress Directive (EU) 2020/1828 (the Directive) from 25 June 2023, Ireland’s journey to enact domestic transposing legislation continues – now with some pace.
DisputesOn 23 June 2023, the High Court delivered judgment enforcing two adjudicator's decisions relating to the same parties but on two different construction projects.
ConstructionOn 26 June 2023, the Department of Enterprise, Trade and Employment launched a review of the Critical Skills Occupation List and Ineligible Occupations List for employment permits. Read more on the review here.
EmploymentOn 26 June 2023, Minister O'Gorman announced the commencement date for the provisions within the new Work Life Balance and Miscellaneous Provisions Act 2023, relating to medical care leave and time off for breastfeeding, will be Monday 3 July 2023. Read more on the announcement here.
EmploymentUCITS Eligible Assets Directive, ESMA Q&As, ESMA's annual report, EPM costs, Greenwashing, EU Commission on improving the sustainable finance framework, MiFID II, EMIR, AML/CFT/Sanctions.
Asset Management & Investment FundsFunds Sector 2030 public consultation, CBI consultation on its Administrative Sanctions Procedure, CBI speech on the Individual Accountability Framework, access to registers of beneficial ownership.
Asset Management & Investment FundsLast year, we published an overview of the European Commission's (Commission) initial proposal for a Corporate Sustainability Due Diligence Directive (Directive).
ESG & SustainabilityOn 16 May 2023, new rules for the reform of the EU’s Emissions Trading System including for aviation and maritime, the Carbon Border Adjustment Mechanism and a new Social Climate Fund were published in the Official Journal of the EU.
ESG & Sustainability
