Oct 2020

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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.

Oct 2020

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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

Oct 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.

Oct 2020

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The Department of Communications, Climate Action and the Environment published its Waste Action Plan for a Circular Economy on 4 September 2020 (the Waste Action Plan).

Oct 2020

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The European Commission has recently published a questions and answers (the Q&A) addressing certain issues relating to: 

Oct 2020

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On 31 August 2020, the Minister for Finance signed the Commencement Order for the Consumer Insurance Contracts Act 2019 (CICA) bringing the majority of the provisions CICA into operation from 1 September 2020.

Oct 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.

Oct 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.

Oct 2020

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Domestically, the CBI has published issue 9 of its Markets Update for 2020; At European level, ESMA has agreed position limits under MiFID II for a number of categories and published a report into the Market Abuse Regulation.

Oct 2020

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Domestically, the Irish Government has announced a €2bn credit guarantee scheme to help businesses respond to the impact of COVID-19; At European level the EBA has published its work programme for 2021 and phased out its guidelines on legislative and non-legislative loan repayments moratoria.