Dec 2018

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The Central Bank has just launched a consultation exercise relating to new draft AML/CTF Guidelines for the Financial Sector. Regulated businesses are invited to give feedback on the draft Guidelines by 5 April 2019.

Dec 2018

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The proposed acquisition by Enva (Exponent Private Equity LLP, through Enva Irish Opco Limited) of the Rilta Group will only be permitted by Irish Competition and Consumer Protection Commission ("CCPC")  if the purchaser agrees to sell a particular standalone business unit and agrees to accept orders from others (on certain terms).

Dec 2018

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ESG refinements to UCITS & AIFMD regimes, Cross-border AIF and UCITS distribution, PRIIPs KID, MMFs, Distance Marketing Directive, Brexit, AML/ CFT/ Corruption.

Dec 2018

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Deadlines, Markets Update, Actively managed UCITS, CBI Additional Supervisory Levy for Asset Management Firms, Companies (Corporate Enforcement Authority) Bill, Data processing requiring a DPIA, UK TPR.

Dec 2018

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CRO filing of accounts by AIF investment companies and UCITS investment companies.

Dec 2018

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Anne Hegarty's appearance on this year's I'm a Celebrity has provided a valuable and sympathetic insight into autism...

Dec 2018

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On the domestic front the Criminal Justice (Money Laundering & Terrorist Financing) (Amendment) Act 2018 was enacted and the Consumer Protection (Regulation of Credit Servicing Firms) Bill 2018 was passed by Dáil Éireann. On the European front it has been a busy month for cross sectoral issues. The Commission published ten new Delegated Regulations. The ESMA updated several Q&A's on the...

Dec 2018

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It has been a relatively quiet month for funds updates. On the domestic front the Central Bank of Ireland (CBI) published a discussion paper on outsourcing activities in financial service providers and its Notice of Intention to make provision for entities to act as depositaries to Alternative Investment Funds...

Dec 2018

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On the domestic front the CBI Central Bank of Ireland (CBI) published its financial stability note on Irish retail profitability spanning the past 15 years. On the European front it has been a relatively busy month with the publication of the European Banking Authority's (EBA's) stress test results. The European Central Bank (ECB) published its final guides for banks on their capital...

Dec 2018

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On the domestic front the Central Bank of Ireland (CBI) has published Corporate Governance requirements for Investment Firms and Market Operators 2018 and operational and technical arrangements for transaction reporting under Regulation 600/2014 (MIFIR). On the European front it has been quiet a busy month. European Securities and Markets Authority (ESMA) published guidelines on MiFID II...