Dec 2023

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The Competition (Amendment) Act 2022 has introduced a number of important changes to gun-jumping under Irish merger control. These changes address some gaps in the existing legislation as well as expanding gun-jumping to transactions called-in by the Competition and Consumer Protection Commission.

Dec 2023

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On 8 December 2023, the European Supervisory Authorities (ESAs) published the second tranche of policy measures under Regulation (EU) 2022/2554 on digital operational resilience for the financial sector (DORA) for public consultation.

Dec 2023

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On 26 October 2023, the United Kingdom’s new procurement regime received Royal Assent. Understanding of the Act will be imperative to all organisations who fall within the scope of and are reliant on the new legislative provisions during procurement processes.

Dec 2023

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The Central Bank of Ireland (CBI) has published updated Administrative Sanctions Procedure (ASP) Guidelines, together with a feedback statement on its Consultation on the draft ASP Guidelines initially issued in June this year.

Dec 2023

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The Digital Services Bill was published by the Oireachtas on 5 December 2023. It will give effect to the Irish national implementation of the Digital Services Act.

Dec 2023

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Domestically, the CBI hosts annual Financial System Conference. At European level, the European Commission consults on DORA delegated acts, and the ECB publishes opinion on the proposed regulation for a digital euro.

Dec 2023

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Domestically, the CBI publishes Dear CEO letter on thematic review of firms undertaking algorithmic trading. At European level, ESMA puts digital resilience and cyber risk as new Union Strategic Supervisory Priorities.

Dec 2023

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Domestically, Health Insurance (Amendment) Bill 2023 debated and the CBI publishes “Intermediary Times” Newsletter. At European level, EIOPA publishes November 2023 Insurance Risk Dashboard 2023 and monthly technical information and EIOPA speech comments on hidden and horizon risks for insurers.

Dec 2023

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Domestically, the CBI issues timeframes for application with a year-end effective date, CBI publishes Consultation paper on a proposed new European Long Term Investment Fund and the CBI updates the AIFMD Q&A. At European level, AIFMD II continues through the European legislative process.

Dec 2023

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Domestically, the CBI publish updated guidance for PI XBRL returns. At European level, the European Parliament publishes draft proposals in respect of PSD3 and PSR, EPA launches a call for change requests in respect of the SPAA rulebook and the European Council and Parliament reach provisional agreement on instant payments.