CBI expectations for Taxonomy Disclosures

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The Central Bank of Ireland set out its expectations for funds required to disclose under the EU Taxonomy Regulation (TR). This approach will apply until 1 January 2023, when the Sustainable Finance Disclosure Regulation (SFDR) Level 2 template disclosures come into force.

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Commencement of the Insurance (Miscellaneous Provisions) Act 2022

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On 7 July a commencement order for the Insurance (Miscellaneous Provisions) Act 2022 (the Act) was signed by the Minister of Finance. First proposed in October 2021, the purpose of the Act is to address a number of insurance-related issues that have come to light since the Action Plan for Insurance Reform was published in December 2020.

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Draft sustainability reporting standard proposals in focus

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Exposure drafts of the International Sustainability Standards Board's (ISSB) IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial Information) and IFRS S2 (Climate-related Disclosures) are currently the subject of public consultation which closes on 29 July 2022.

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