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ARTICLE · 27 SEPTEMBER 2024

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On 6 September 2024, the Department of Finance ("Department") publishedOpens in new window a Public Consultation ("Consultation") on the exercise of national discretions in the transposition...

IrelandFinance and Banking
Matheson LLP
Matheson LLP
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1. Department of Finance public consultation on the exercise of national discretions in the transposition of the ESAP Regulation and associated texts

On 6 September 2024, the Department of Finance ("Department") published a Public Consultation ("Consultation") on the exercise of national discretions in the transposition of the European Single Access Portal Regulation ("ESAP") and associated texts.

The (ESAP) legislation consists of the following:

  • ESAP Establishing Regulation (Regulation (EU) 2023/2859) ("Regulation");
  • ESAP Omnibus amending Directive (Directive (EU) 2023/2864) ("Directive"); and
  • ESAP Omnibus amending Regulation (Regulation (EU) 2023/2869.

The ESAP will offer a single access point for public financial and sustainability-related information about EU companies and EU investment products. The ESAP legislation is set to be transposed into Irish law by 10 July 2025 in respect of article 3 of the Directive and by 10 January 2026 for the

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