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29 news articles found
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Article and Insights

European Market Integration: DLT in the EU

The new Market Integration Proposal brings DLT into the financial services fold, and we look at what this entails.

John O’Connor
Partner
John O’Connor
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Article and Insights

Administrative Sanctions Procedure Guidelines Now in Force

13 Dec 2023, the CBI published consolidated Guidelines relating to the enhanced Administrative Sanctions Procedure. The guidelines are now in force.

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

How critical is critical? – ESAs publish technical advice on critical service provider designation under DORA

In response to the European Commission's call to action in December 2022, the European Supervisory Authorities have published a report on the desig...

John O’Connor
Partner
John O’Connor
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Article and Insights

Sharing is Caring: The Financial Data Access Regulation

We look at the European Commission's new proposal for a framework to manage the sharing of customer data in the financial sector.

John O’Connor
Partner
John O’Connor
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Article and Insights

Crypto firms prepare for MiCA

The European Parliament formally approved the Markets in Crypto-Assets Regulation (MiCA) on 20 April 2023. It is now time for crypto firms to prepa...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

The Central Bank launches its Consultation Paper following enactment of IAF/SEAR legislation

On 9 March 2023, the President of Ireland signed the Central Bank (Individual Accountability Framework) Act 2023 into law. On 13 March 2023, the Ce...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Central Bank Dear CEO Letter to Payment Institutions and Electronic Money Institutions (January 2023)

On 20 January 2023, the Central Bank published a Dear CEO Letter to payment institutions and electronic money institutions highlighting recent supe...

Louise McNabola
Partner
Louise McNabola
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Article and Insights

Fitness and Probity Regime – Changes to PCF Roles

On 5 April 2022, the Central Bank of Ireland made further changes to its list of Pre-Approval Controlled Functions (PCFs) under its Fitness and Pro...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Sustainable Finance Update: An Overview of the Latest Legal Developments in Sustainable Finance

Sustainable finance is continuing to dominate agendas in the financial services industry with an increasing focus on environmental, social and gove...

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Article and Insights

Markets in Crypto-Assets

The European Commission has published a proposed regulatory framework for Markets in Crypto-Assets as part of its Digital Finance Strategy 2020. Th...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Fintech – Markets in Crypto-Assets

The European Commission has published a proposed regulatory framework for Markets in Crypto-Assets as part of its Digital Finance Strategy 2020. Th...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

EU Crowdfunding Regulation Updates

Recent updates to European crowdfunding legislation include: (i) measures extending the transition period by 12 months for firms providing crowdfun...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

COVID-19 – Accelerating the Trend Towards a Cashless Society?

We encourage customers to use card or contactless payment methods at this time a message that has been repeatedly announced following the recent CO...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Act 2018 Widens the Scope of Ireland’s Credit Servicing Regime

On 21 January 2019, the Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Act 2018 ("2018 Act") commenced. The purpose of the...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Central Bank Publishes Findings from Thematic on Cybersecurity Risk Management

The Central Bank has published its findings following a thematic inspection of investment firms and fund service providers' management of cybersecu...

James Phelan
Partner
James Phelan
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Article and Insights

Central Bank Outsourcing Guidance for all Regulated Firms_

On 17 December 2021, the Central Bank published, with immediate effect, cross-industry guidance for the management of outsourcing activities.

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Central Bank Outsourcing Guidance for all Regulated Firms

On 17 December 2021, the Central Bank published, with immediate effect, cross-industry guidance for the management of outsourcing activities.

Vincent Coyne
Partner
Vincent Coyne
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Article and Insights

Central Bank Outsourcing Guidance for all Regulated Firms

On 17 December 2021, the Central Bank published, with immediate effect, cross-industry guidance for the management of outsourcing activities.

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Asset Management & Investment Funds Update – June 2022

Welcome to the June 2022 edition of our Asset Management & Investment Funds Update

Nessa Joyce
Partner
Nessa Joyce
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Article and Insights
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Article and Insights

Preparing for Individual Accountability Series – Part 4 -Enforcement Reforms

In this briefing, we examine proposed enforcement reforms - the fourth of four pillars of the individual accountability framework - and we outline ...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Asset Management & Investment Funds Update – May 2022

Welcome to the May 2022 edition of our Asset Management & Investment Funds Update

Nessa Joyce
Partner
Nessa Joyce
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Article and Insights

Preparing for Individual Accountability Series – Part 3 – Senior Executive Accountability Regime

In this briefing, we examine the senior executive accountability regime (SEAR) – the third of four pillars of the individual accountability framewo...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Preparing for Individual Accountability Series – Part 2 – Fitness and Probity Reforms

In this briefing, we examine fitness and probity reforms – the second of four pillars of the individual accountability framework - and we outline t...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Securing authorisation as a retail credit firm in Ireland

The Consumer Protection Act 2022 (the Act) was signed into law on 11 April 2022. The Act extends the scope of firms which are required to secure au...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

Preparing for Individual Accountability Series – Part 1 – Conduct Standards

In this briefing, we examine conduct standards – the first of four pillars of the individual accountability framework - and we outline the actions ...

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

ESMA To Retain Derivative Trading Rules Post Brexit Transition

ESMA has confirmed to market that it does not believe there is a risk to compliance with the MiFIR Derivatives Trading Obligations post 31 December...

John Aherne
Partner
John Aherne
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Article and Insights

How to Manage Pandemic-Related PCF Vacancies

Central Bank issues guidance on the appointment of temporary PCFs in the event of a pandemic-related PCF vacancy

Shane Kelleher
Partner
Shane Kelleher
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Article and Insights

EBA Publishes Final Guidelines on Outsourcing Arrangements

The European Banking Authority ("EBA") have issued revised Guidelines on Outsourcing Arrangements, following a consultation period on a draft versi...

Shane Kelleher
Partner
Shane Kelleher