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ARTICLE · 13 OCTOBER 2023

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On 26 September 2023, the Government Legislation ProgrammeOpens in new window ("Programme") for Autumn 2023 was published. The Programme identifies 27...

IrelandFinance and Banking
Matheson LLP
Matheson LLP
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1. Government Legislation Programme Autumn Session 2023

On 26 September 2023, the Government Legislation Programme ("Programme") for Autumn 2023 was published. The Programme identifies 27 bills to be prioritised for publication and a further 24 bills to be prioritised for drafting. With regards to financial services, there are a small number of bills of relevance including:

In an update from the Summer 2023 Programme, the Financial Services and Pensions Ombudsman (Amendment) Bill moves from "legislation for priority drafting" to "legislation for priority publication". The purpose of this bill is to amend the Financial Services and Pensions Ombudsman ("FSPO") Act 2017 so that it takes into consideration the Zalewski ruling. It is also intended to update parts of the legislation where there is a possibility that the FSPO could be viewed as administering justice. The Heads of Bill were approved in April and its pre-legislative scrutiny completed in June.

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