Financial Services Regulation and Compliance - Funds Dec 2021

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Domestically, the CBI has published the 36th Edition of its UCITS Q&A Document and the 44th Edition of AIFMD Q&A Document; At a European level, ESMA responded to a letter from the Commission on the use of reverse solicitation, the effective date of the Level 2 regulatory technical standards for SFDR has been delayed

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Financial Services Regulation and Compliance - Insurance Dec 2021

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Domestically, the Health Insurance (Amendment) Bill 2021 was published and the CBI published the opening statement at Joint Oireachtas Committee on Finance, Public Expenditure and Reform; At a European level EIOPA announced its sustainable finance activities for 2022 – 2024, EIOPA launched a pilot exercise on climate change adaptation in non-life underwriting and pricing

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Financial Services Regulation and Compliance - General Cross Sectoral Dec 2021

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Domestically, the CBI published its cross industry guidance on operational resilience and feedback statement, published its cross industry guidance on outsourcing and feedback statement; At a European level, the EBA published a consultation paper on draft regulatory technical standards for crowdfunding service providers, Christine Lagarde delivered welcoming remarks at the Fifth Annual Conference

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Financial Services Regulation and Compliance - Investment Firms Dec 2021

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Domestically, the CBI issued a "Dear CEO" Letter addressed to MiFID authorised firms and credit institutions offering MiFID investment services; At European level the EBA published consultation papers on RTS and guidelines on liquidity requirements for investment firms, ESMA issued Guidelines on methodology

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Financial Services Regulation and Compliance - Banking Dec 2021

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Domestically, the CBI issued a "Dear CEO" letter to payment and e-money firms, and commenced a public consultation into the next phase of mortgage measure framework review; At European level, the EBA issued a report on the application of guidelines on the remuneration of sales staff, the ECB published its supervisory priorities for 2022 – 2024, and the EBA published a revised guide to "fit and pro

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New NI Energy Strategy Published  

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The NI energy industry received an early Christmas present when the NI Executive published the new Energy Strategy (or "Path to Net Zero Energy") in late December last year.

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