Sep 2022

article

Octopus Energy and the National Grid Electricity System Operator (National Grid ESO) have successfully trialled the use of electric vehicles (EV) to assist with balancing the demands of Britain's power system.

Sep 2022

article

In the annual Chambers Aviation Finance & Leasing 2022 Global Practice Guide, our Aviation & Transport Finance team provide an insight into trends and developments in Ireland.

Sep 2022

article

Additional SFDR queries for the EU Commission, ESMA's TRV, ESAs' report on risks and vulnerabilities, Wolfsberg Group guidance on RFI best practice, EBA newsletter on AML/CFT.

Sep 2022

article

UCITS amending regulations (No 2 of 2022), CBI financial stability note on climate risks in the financial system, CBI levies.

Sep 2022

article

In domestic news, the CBI is implementing changes to its beneficial ownership register for Certain Financial Vehicles (CFV). The changes involve the verification of information submitted and are expected to come into effect in Q4 2022.

Sep 2022

article

In domestic news, on 3 August 2022, the Central Bank of Ireland (CBI) published its Consultation Paper on proposed Guidance for (Re)Insurance Undertakings on Climate Change (the Guidance).

Sep 2022

article

In domestic news, on 9 August 2022, the CBI published guidance notes on the outsourcing register template for each of the following sectors: markets firms or regulated financial service providers (RFSPs), payments and e-money institutions, insurance and reinsurance undertakings, and less significant institutions.

Sep 2022

article

In domestic news, on 9 August 2022, the CBI published guidance notes on the outsourcing register template for markets firms or regulated financial service providers (RFSPs). The guidance notes set out the CBI's expectations for firm's recording of relevant outsourcing arrangements and reporting of outsourcing to the CBI.

Sep 2022

article

In domestic news, on 24 August 2022, the CBI announced that the countercyclical capital buffer (CCyB) rate on Irish exposures is to be maintained at 0.5%. The 0.5% rate will take effect in June 2023.

Sep 2022

article

The United Kingdom's Economic Crime (Transparency and Enforcement) Act 2022 (ECA) came into force on 1 August 2022 (see our previous article).