Key Budget 2021 takeaways for employers

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The government has announced the largest budgetary package in the history of the State, in an effort to combat the financial effects of COVID-19, with targeted support provided to sectors which continue to suffer the worst effects of the pandemic such as hospitality, live entertainment and the Arts.

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Irish Budget 2021

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Key messages from the Irish Minister for Finance, Paschal Donohoe, and the Irish Minister for Public Expenditure and Reform, Michael McGrath on 13 October 2020

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PCF filing deadline of 16 November 2020

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By 16 November 2020, regulated financial service providers (RFSPs) are required to: complete a determination of the applicability of the new Chief Information Officer role, bearing in mind the principle of proportionality.

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Financial Services Regulation and Compliance - Funds Sept 2020

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Domestically, the CBI has issued its Christmas deadlines for receipt of applications for certain fund and sub-fund applications and approval of certain post-authorisation amendments; At European level, the European Commission has proposed a digital finance package, which includes a draft Directive on digital resilience and a draft Regulation on digital operational resilience.

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Financial Services Regulation and Compliance - General Cross Sectoral Sept 2020

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Domestically, , the text of the Bill transposing the 5th Anti Money Laundering Directive into Irish law has been published; At European level, the EBA has published an opinion on the future AML/CTF framework in the EU, a group of European supervisory authorities have launched a survey on environment and/or social financial product templates.

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