Feb 2022

article

We look here at recent key developments on the two-pillar solution and the statement published by the OECD/G20 Inclusive Framework last October, which dealt with a number of key aspects of global tax reform as set out in the OECD BEPS 2.0 proposals.

Feb 2022

article

Significant and wide-ranging new powers of intervention will be given to the Irish merger control authority i.e. the Competition and Consumer Protection Commission (CCPC), under the recently-published Competition (Amendment) Bill 2022 (Bill).

Feb 2022

Article

Domestically, the Irish Funds ESG Working Group issued a Q&A on the EU Taxonomy. At a European level, ESAM launched a Common Supervisory Action on the valuation of UCITS and open-ended AIFs and updated its UCITs Q&As on hedged share classes

Feb 2022

Article

Domestically, the CBI has published a paper examining the strength of the connectedness of the Irish insurance sector and investment funds. At a European level, EIOPA has published monthly technical information, a report on the application of the Insurance Distribution Directive.

Feb 2022

Article

Domestically, the CBI have announced a new Crowdfunding regulatory regime, and, have separately withdrawn their 2017 policy statement regarding EBA remuneration guidelines; At a European level, the EBA launched a consultation on draft guidelines on remuneration and gender pay gap benchmarking exercise for banks and investment firms

Feb 2022

Article

Domestically, the CBI has issued a statement to firms authorised to provide MiFID activities 3 and/or 6 and Ireland has transposed the MiFID II "Quick Fix" Directive; At European level, ESMA has published guidance on appropriateness and execution-only requirements under MiFID II

Feb 2022

Article

Domestically, the CBI has published a revised Standard Financial Statements to assist borrowers in financial distress.; At European level the EBA has published it opinion on the scale and impact of de-risking in the EU, as well as guidelines for institutions and resolution

Feb 2022

publication

Several western countries have threatened punitive economic and trade sanctions against Russia in response to its build up of military troops on the Ukrainian border.

Feb 2022

article

The Commercial Court has issued its third judgment in the FBD Business Interruption Proceedings

Feb 2022

article

Anticipated regulations to establish a central database of information on safe-deposit boxes and payment accounts have been published.