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ARTICLE · 22 APRIL 2025

Consumer Protection Code 2025 – Application To MiFID Firms

McCann FitzGerald LLP
McCann FitzGerald LLP
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McCann FitzGerald LLP

McCann FitzGerald LLP

McCann FitzGerald LLP’s London office acts for Irish, UK and international clients on Irish law...

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While MiFID Firms are generally outside the scope of the Consumer Protection Code, there are certain matters which MiFID firms are expected to comply with.

IrelandConsumer Protection
Darragh Murphy
Darragh Murphy
Clare Gillett
Clare Gillett
Josh Hogan
Josh Hogan
James Fitzgerald
James Fitzgerald
Holly Draper-Spillane
Holly Draper-Spillane
John Boyle
John Boyle
Jennifer Ekomaru
Jennifer Ekomaru

While MiFID Firms are generally outside the scope of the Consumer Protection Code, there are certain matters which MiFID firms are expected to comply with. In order to ensure that MiFID Firms do not fall foul of these expectations, steps should be taken now.

New Consumer Protection Code

Following a comprehensive review of the Consumer Protection Code, the Central Bank of Ireland (the "Central Bank") published the Consumer Protection Code 2025, together with a feedback statement which outlines the rationale for the approach adopted by the Central Bank in updating the Consumer Protection Code.

The revised Consumer Protection Code comprises the Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Consumer Protection) Regulations 2025 (the "Consumer Protection Regulations") and the Central Bank Reform Act 2010 (Section 17A) (Standards for Business) Regulations 2025 (the "Standards for Business Regulations") (together, the "Revised Code").

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