Asset Management & Investment Funds: Irish Practice Developments – June 2025
Jun 2025
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Deadlines, AML/CFT/FS.
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Deadlines, AML/CFT/FS.
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The European Commission has unveiled a package of reforms aimed at revitalising the EU securitisation market, marking a pivotal moment for issuers, originators, financial institutions and investors alike.
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Succession planning can be a complex and emotional process. Only an estimated 12% of family-owned businesses make it to the third generation and, with it potentially being the culmination of a life’s work, it is important that prior planning is undertaken to set out the succession process, optimise it and ensure that all parties involved are aligned.
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After months of debate, the UK’s Data (Use and Access) Bill has received Royal Assent. Now known as the Data (Use and Access) Act 2025, it marks a significant milestone in the UK’s evolving approach to data protection post-Brexit.
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The Supreme Court (the Court) has clarified the circumstances in which litigation can be dismissed for want of prosecution.
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Domestically, the Finance (Provision of Access to Cash Infrastructure) Bill 2024 was passed by the Oireachtas. At European level, ESMA calls on social media companies to tackle unauthorised financial ads.
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At European level, ESMA launched a call for evidence on the retail investor journey under MiFID II and the Delegated Regulation supplementing MiFIR was published in the Official Journal of the EU.
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Domestically, the CBI publishes Private Motor Insurance Report of the National Claims Information Database. At European level, EIOPA study on consumer-friendly information to prevent the ‘illusion of being insured’ for natural catastrophe cover.
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Domestically, Minister for Finance Pascal Donohue delivered a speech at the Irish Funds annual global funds conference. At European level, IOSCO published a final report on updated liquidity risk management recommendations for CIS.
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Domestically, the CBI published the second edition of the Authorisations and Gatekeeping Report 2024. At European level, the EBA updated the technical standards on resolution planning reporting.
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