On 5 February 2024, the European Council and Parliament reached a provisional agreement on a proposal for a new regulation on ESG rating activities with the aim of boosting investor confidence in sustainable products....more
On 18 July 2023, the Central Bank of Ireland (the "Central Bank") published its latest discussion paper entitled "An approach to macroprudential policy for investment funds" (the "Paper"). The purpose of this Paper is to...more
On 24 May 2023, the European Commission (the "Commission") adopted and published its retail investment strategy ("RIS") a key tenet of its Capital Markets Union Action Plan (the "CMU Action Plan"). One of the core objectives...more
6/28/2023
/ Capital Markets ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Services Industry ,
Investment ,
Investment Funds ,
Proposed Legislation ,
Proposed Regulation ,
Retail Investors
On 1 June 2023, the three European Supervisory Authorities (the “ESAs”) published their respective progress reports (ESMA, EBA and EIOPA) in response to a request for their input from the European Commission (the...more
6/12/2023
/ EIOPA ,
Environmental Social & Governance (ESG) ,
European Banking Authority (EBA) ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Greenwashing ,
Investment Management ,
National Competent Authorities (NCA) ,
SFDR ,
SMSG ,
Sustainability ,
UK
On 2 March 2023, the Central Bank of Ireland (the “Central Bank”) published its third annual Securities Markets Risk Outlook Report (the “Report”). The Report highlights the conduct risks that the Central Bank has identified...more
3/9/2023
/ Central Bank of Ireland ,
Cryptoassets ,
Cybersecurity ,
Economic Downturn ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Services Industry ,
Investment ,
Liquidity ,
Popular ,
Risk Assessment ,
Securities ,
SFDR ,
Sustainability
Substantial changes to Irish whistleblowing law will be introduced by the Protected Disclosures (Amendment) Act, 2022 (the “Amendment Act”) on 1 January 2023.
Protection for whistleblowers is not a new concept in...more
12/1/2022
/ Anti-Money Laundering ,
Confidentiality Policies ,
Criminal Liability ,
Disclosure Requirements ,
EU ,
Financial Services Industry ,
Ireland ,
Protected Disclosures ,
Terrorist Financing ,
Whistleblower Protection Policies ,
Whistleblowers