Asset Management & Investment Funds: Irish Practice Developments – June 2024
Jun 2024
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Deadlines, CBI Markets Update.
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Deadlines, CBI Markets Update.
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The Final Report responds to the European Commission’s May 2022 request to the three European Supervisory Authorities for their respective input on greenwashing risks and supervision of sustainable finance policies.
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The Screening of Third Country Transactions Act 2023 (Irish Screening Act) is due to come into force in the 1st week of September 2024.
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The 2023 Annual Report of the Irish Revenue Commissioners (Revenue) was recently published. 2023 notably marked a century since Revenue was established, on 21 February 1923.
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May was a busy month for updates on sustainability reporting and due diligence requirements. As we await the publication of the highly-anticipated national implementing legislation for the CSRD, there have been several useful updates worth highlighting.
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Following the commencement of the Representative Actions for the Protection of the Collective Interests of Consumers Act 2023 on 30 April 2024 and the publication of the application form for organisations wishing to be designated as ‘Qualified Entities’, the Irish Council for Civil Liberties is the first entity to be designated as a QE in Ireland.
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The Government of Ireland, in particular the Department of Agriculture, Food and the Marine (DAFM) and the Department of Environment, Climate and Communications (DECC) have prepared Ireland’s National Biomethane Strategy May 2024.
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This insight looks at Ireland’s success in the aviation industry and what the outlook is for the future.
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It took a mammoth decision issued by retired Supreme Court Judge John McMenamin on behalf of Irish Financial Services Appeals Tribunal (IFSAT) to bring IFSAT out of the shadows of Central Bank of Ireland legislation and into the spotlight.
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EIOPA along with the EBA and ESMA published their final reports on greenwashing in response to the European Commission’s request for input on greenwashing risks and the supervision of sustainable finance policies.
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