Financial Services Regulation and Compliance - Banking Mar 2022

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Domestically, the CBI has announced the countercyclical capital buffer rate and published its response to the European Commission targeted consultation on improving the EU's macroprudential framework; At European level, the EBA has published reports on competent authorities' approaches to the AML/CFT supervision of banks, and on developing a framework for sustainable securitisation.

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CBI financial regulation priorities for 2022

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Recent speeches by Central Bank of Ireland's Governor, Director General Financial Conduct and Director of Financial Regulation have given a clear direction of travel on Irish financial regulatory priorities for 2022.

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EU AML package: the current state of play

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In July of last year, the European Commission announced a package of legislative proposals designed to strengthen the EU's framework of laws on anti-money laundering and countering the financing of terrorism (AML/CFT).

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