On 29 December 2023, the Minister for Finance signed the European Union (Credit Servicers and Credit Purchasers) Regulations 2023 (the "Regulations") into law, thereby transposing the Directive on credit servicers and credit...more
4/16/2024
/ Borrowers ,
Central Bank of Ireland ,
Consumers ,
Credit Agreements ,
Creditors ,
Due Diligence ,
EU ,
European Economic Area (EEA) ,
Exemptions ,
Good Faith ,
Ireland ,
Loans ,
New Regulations ,
Recordkeeping Requirements
Revised Prospectus Regulatory Framework Q&A -
On 7 March 2024, the Central Bank of Ireland (the "Central Bank") published its Prospectus Regulatory Framework – Questions & Answers 2nd Edition (the "Revised Q&A"). This...more
3/21/2024
/ Banking Sector ,
Central Bank of Ireland ,
Commission Delegated Regulation ,
EU ,
Euronext ,
Financial Regulatory Reform ,
Financial Services Industry ,
Global Market ,
Investment ,
Investment Management ,
Investors ,
Ireland
On 30 November 2023, the Central Bank of Ireland (the "Central Bank") published a public statement relating to an enforcement action against an Irish-authorised UCITS ICAV (the "ICAV") which has been reprimanded and fined...more
12/18/2023
/ Central Bank of Ireland ,
Compliance ,
Data Breach ,
EMIR ,
EU ,
ICAV ,
Investment Funds ,
Ireland ,
MiFIR ,
Securities ,
UCITS
Last summer, we published an advisory discussing the European Banking Authority's ("EBA") final draft regulatory technical standards on risk retention pursuant to Article 6(7) of the Securitisation Regulation (EU) 2017/2017)...more
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
On 12 April 2022, the European Banking Authority (the “EBA”) published its long awaited final draft regulatory technical standards (the “Final RTS”) specifying the requirements for originators, sponsors, original lenders and...more