PRIIPs Regulation: 2019 update

publication

At the end of 2018 and beginning of 2019 there were a number of proposed updates to the PRIIPs regulations. The net result is that a comprehensive review of the PRIIPs Delegated Regulation will take place in 2019. You can read a summary of the recent developments, including those related to the exemption for UCITS, and proposed next steps in this publication.

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Does your Irish fund need a PRIIP KID?

publication

This publication contains a summary of the EU Regulation on Packaged Retain and Insurance-based Investment Products (EU 1286/2014) the PRIIPs Regulation which was effective on 1 January 2018.

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Brexit: where are we now? (continued)

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We always said that the Brexit negotiations would go to the wire despite there being a two-year timeline. The Strasbourg meeting on the night of Monday, 11 March, when the UK and the EU tabled various documents may or may not be enough to get the House of Commons to approve the draft Withdrawal Agreement.  The EU documents are available here while the UK ones are available here. There was just...

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Financial Services Regulation & Compliance - Cross Sectoral February 2019

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On the domestic front, Director General of the CBI, Derville Rowland gave a speech in UCD on the lack gender diversity at senior management in the financial services industry. On the European front, ESMA published an opinion containing a revised set of draft regulatory and implementing technical standards (RTS/ITS) under the Securitisation Regulation. ESMA and EU securities regulators....

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Financial Service Regulation and Compliance - Insurance February 2019

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On the domestic front, it was a relatively busy month. The Government published the Brexit Omnibus Bill, the Deputy Governor of CBI presented a speech at the CBI Insurance Conference and the CBI also published the latest edition of the Intermediary Times. On the European front, the European Insurance and Occupational Pensions Authority (EIOPA) has issued Recommendations for the Insurance Sector...

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Financial Service Regulation and Compliance - Investment Firms February 2019

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There are no updates on the domestic side. However, from a European perspective, it has been a relatively busy month with ESMA publishing updates to its Q&As on the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR) market structure and transparency topics. ESMA has also clarified the reporting and handling of derivatives data in the case of a no-deal Brexit.

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Financial Service Regulation and Compliance - Funds February 2019

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On the domestic front, the CBI has issued a Notice of Intention in relation to the location requirement for directors and designated persons of Irish Fund Management Companies; From a European perspective, the European Securities and Markets Authority (ESMA) published data on exposures of Alternative Investment Funds (AIFs) to Commercial Real Estate markets in the EU as of 31st December 2017.

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