Tracker, Financial Services Regulation & Compliance - Banking

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On the Domestic Front: The Credit Guarantee Scheme 2017 is published. On the EU Front: European Banking Authority publishes LCR Guidelines; European Banking Authority publishes Regulatory Technical Standards on the disclosure of encumbered and unencumbered assets; European Central Bank publishes guidance to banks on non-performing loans

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New European Account Preservation Orders (EAPOs)

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Key Points: •Single application allowing creditors to enforce monetary claims against debtors having multiple accounts across EU Member States. •Available pre and post judgment – security required pre judgment. •Banks need to have clear procedures in place to allow speedy implementation of EAPOs and requests for information. •Depending on uptake may result in a significantly increased administrati

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The Front Page, Asset Management & Investment Funds: Irish Practice Developments

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In Irish practice developments: Some Approaching Deadlines; Updated AIF Rulebook and Q&A; Updated UCITS Q&A; Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Investment Firms) Regulations 2017; Companies (Accounting) Bill 2016; a Central Bank consultation on Funding Levies for Credit Institutions, Investment Firms, Fund Services Providers and EEA insurers.

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Article 50 Timeline: What Happens Now?

Article

It is not possible to be precise because no Member State has ever left the EU. Article 50 of the Treaty on European Union (TEU) has never been invoked before and there are at least 18 elections forecast across the EU over the next two years but a broad indicative timeline would include the following possible events...

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