Nov 2023

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The CBI has published its finalised Guidance on the Individual Accountability Framework, three sets of draft Regulations and its feedback statement on the Consultation on the draft Guidance.

Nov 2023

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The High Court recently considered the requirement for a derogation licence before planning permission is granted in Hellfire Massy Residents v An Bord Pleanála. Read our update here.

Nov 2023

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On 15 November 2023, the Department of Justice (Immigration Service Delivery) (ISD) announced a significant change to the process applicable to Critical Skills Employment Permit holders, Researchers on a Hosting Agreement, and NCHD Multi-Site General Employment Permit holders wishing to transfer to a Stamp 4 immigration permission. Read more on this update here.

Nov 2023

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Domestically, the CBI published the Funding Strategy and Guide to the 2022 Industry Funding Regulations. At European level, the ESMA publishes second consultation paper on MiCA technical standards, issues letter clarifying the timeline for MiCA, and enters the next phase of digital euro project. 

Nov 2023

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Domestically, the European Commission has published final texts on MiFID II and MiFIR revisions. The ESMA has launched a Common Supervisory Action on MiFID II sustainability requirements and has updated its Q&A on MiFID II and MiFIR market structure topics.

Nov 2023

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Domestically, the MoU for reporting insurance fraud has been agreed between An Garda Siochana, Insurance Ireland and Alliance for Insurance Reform. At European level, EIOPA published its Work Plan for 2024-2026.

Nov 2023

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Domestically, the CBI published Consultation Paper 155 on a proposed new ELTIF chapter to be included in its AIF Rulebook. At European level, the ESMA sees an increase in the use of ESG-related language in the EU fund industry.

Nov 2023

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Domestically, the European Union (Bank Recovery and Resolution) (Amendment) Regulations 2023 come into force in November. At European level, the Basel Committee issues a report on the 2023 banking turmoil.

Nov 2023

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Ireland’s whistleblowing regime has changed significantly as a result of the transposition of the EU Whistleblowing Directive on 1 January 2023 by means of the Protected Disclosures (Amendment) Act 2022 (the Act). Read more about the upcoming changes here.

Nov 2023

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On 18 October 2023, the European Central Bank took another step towards launching the digital version of the euro. Read more.