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ARTICLE · 22 NOVEMBER 2024

DE&I In Financial Services Regulation: Key Developments For 2024

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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Diversity, equity and inclusion ("DE&I") initiatives continue to be incorporated into European financial services legislation apace, particularly in the context of the achievement of wider environmental, social...

IrelandCorporate/Commercial Law
Josh Hogan
Josh Hogan
Darragh Murphy
Darragh Murphy
Clare Gillett
Clare Gillett
Éamon Ó Cuív
Éamon Ó Cuív
Orlaith Sheehy
Orlaith Sheehy
Paul Lavery
Paul Lavery
Megan Hooper
Megan Hooper
James Fitzgerald
James Fitzgerald
Holly Draper-Spillane
Holly Draper-Spillane
+2 more

Diversity, equity and inclusion ("DE&I") initiatives continue to be incorporated into European financial services legislation apace, particularly in the context of the achievement of wider environmental, social and governance ("ESG") ambitions. In this briefing, our Financial Services Regulatory Group outlines some recent domestic and European DE&I initiatives that will be of interest to regulated firms.

Regulator Focus on DE&I

In the context of financial services regulation, DE&I continues to be a key focus for policymakers. The Central Bank of Ireland (the "CBI") continually emphasises that diversity and inclusion, in all their forms, are "important components of well-managed, financially resilient, strategically-minded firms, and therefore pertinent to [its] mandate".1 According to the CBI, DE&I needs to be considered holistically throughout organisations, including by boards and decision makers, as well as by policymakers and regulators. Significantly, the

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