Dec 2021

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Deadlines, CBI year end timeframes, CBI Q&A, CBI guidance on operational resilience, company law flexibility measures, beneficial ownership of CFVs

Dec 2021

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The Central Bank of Ireland issued timeframes for receipt of applications that are seeking a Christmas or year-end effective date for:

Dec 2021

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Domestically, the CBI issued market updates Issue number 14 and 15 of 2021; At European level, ESMA published its common enforcement priorities for 2021 annual financial reports.

Dec 2021

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Domestically, the CBI announced Glenn Calverley as Director appointment in Strategy and Governance; At European level, the ECB reported that card fraud declined in 2019, the EBA reaffirmed its commitment to support green finance in view of the UN Climate Change Conference.

Dec 2021

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Domestically, the CBI published the Private Motor Insurance Report of the National Claims Information Database; At European level, EIOPA committed to support the insurance and pensions sectors’ efforts to tackle climate change.

Dec 2021

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Domestically, in a "Dear CEO" letter the CBI set out supervisory expectations of regulated firms regarding climate change: At European level, President von der Leyen spoke at the UN Climate Change Conference, the European Commission announced a new pledge of €100m in finance for the Adaptation Fund and also adopted three work programmes for the Digital Europe Programme.

Dec 2021

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Domestically, the CBI fast-tracked the EU taxonomy filing deadline; At European level, proposals for revisions to AIFMD will now proceed through the EU legislative process and the European Parliament adopted texts amending the PRIIPs Regulation and the UCITS Directive.

Dec 2021

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As of today, COVID-19 passports are legally enforceable in Northern Ireland. The scheme was introduced last month with a two-week grace period to allow businesses to start implementing the measures without enforcement. However, going forward, businesses that fail to comply could face fines of up to £10,000.

Dec 2021

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On both sides of the Atlantic, there has been a significant number of recent court rulings, investigations and hearings to review the way Big Tech operates and to address antitrust, as well as wider data issues.

Dec 2021

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On 2 December 2021, the Council of the European Union adopted its fifth sanctions package targeting individuals and entities in Belarus in response to human rights abuses and the orchestration of a migrant crisis at the Belarusian border with the EU.