Mar 2022

Article

In domestic news, the CBI published its Securities Markets Risk Outlook Report 2022. At a European level; ESMA issued its proposed reforms to the money market fund framework and published its implementation timeline for sustainability provisions in UCITS and AIFMD, its fourth annual statistical report on the alternative investment fund sector, as well as data on the exposures of AIFs subject to it

Mar 2022

Article

In domestic news, the CBI issued its final guidance on the use of service companies in the insurance sector and the CCPC published its report on private motor insurance investigation. At a European level; EIOPA publishes monthly technical information, its 2022 Supervisory Convergence Plan, its decision on peer reviews and its revised single programming document 2022-2024.

Mar 2022

Article

In domestic news, the Ireland for Finance Action Plan 2022, Protected Disclosures (Amendment) Bill 2022 and the Competition (Amendment) Bill 2022 were published this month. At a European level; the European Commission presents the EU Taxonomy Complementary Climate Delegated Act, the ESAs recommended actions to ensure the EU’s regulatory and supervisory framework remains fit-for-purpose

Mar 2022

Article

In domestic news, amendments to the general reporting requirements for investment firms have come into effect. At a European level; ESMA has published a supervisory briefing on the use of tied agents under MiFID II, as well as its final reports on CCP recovery regime, and the EBA published its opinion on the European Commission's amendments to the final RTS RTS for own funds requirements

Mar 2022

Article

In domestic news, new AML regulations have entered into force, and the CBI has informed banks that improvements to their customer support phone lines are required. At a European level; the ECB has announced it will not extend capital and leverage relief for banks the EBA has published its annual assessment of internal approaches for the calculation of capital requirements and further published the

Mar 2022

publication

With the first phase of the modernisation of Northern Ireland's liquor licensing regime having entered force in October 2021, the second phase of the planned reforms in the Licensing and Registration of Clubs (Amendment) Act (Northern Ireland) 2021 are due to enter effect on 6 April 2022.

Mar 2022

article

The reform of Irish gambling laws is picking up pace following the publication of the General Scheme of the Gambling Regulation Bill on 21 October 2021 with two key developments. 

Mar 2022

article

The Gender Pay Gap Information Act 2021 was signed into law last year, but regulations prescribing the details and requirements associated with the publication of the information are still awaited.

Mar 2022

article

If enacted as currently drafted, the Competition (Amendment) Bill 2022 (Bill) would give effect to Directive (EU) 2019/1 (i.e. ECN+) by further empowering the Competition and Consumer Protection Commission (CCPC)) to investigate and enforce EU competition law in Ireland.

Mar 2022

article

An upcoming change in law, which has been in the pipeline for many years but has received renewed focus in light of the current situation in Ukraine and associated sanctions against Russia, will see the introduction of a public register of beneficial owners of overseas entities that own or buy land in the UK.