Following the publication of the legislative texts underpinning the upcoming new EU AML / CFT framework in the Official Journal on 19 June 2024...

"Certain cryptoassets have exhibited a high degree of volatility, and could present risks for banks as exposures increase" Basel Committee on Banking Supervision.

The changes introduced under the Capital Requirements Directive ((EU) 2024/1619) (CRD VI) present risks and...

The Department of Finance's public consultation on the exercise of the national discretions in AIFMD II closes for feedback on 17 January 2025. Discretions covered by the consultation include whether to...

The Irish retail banking sector continued its trend towards consolidating into fewer providers in 2022/2023. The industry is also experiencing increasing challenges from new entrants...

As the Regulation on Markets in Crypto Assets (MiCAR) approaches its first major implementation milestone (on 30 June 2024, when relevant provisions on stablecoins begin to apply)...

The Central Bank's 2024 priorities, set out in yesterday's Annual Report 2023 and Annual Performance Statement 2023-2024, are aligned with those set out in its Regulatory Supervisory...

On 6 May 2020, the Department of Finance published a public consultation paper on the exercise of national discretions contained in the Investment Firms Directive (EU) 2019/2034 ("Consultation Paper"). Please note that Dillon Eustace has previously published two articles on the new proposed regulatory framework for investment ...

The High Court has examined the extent of the powers of the Financial Services Ombudsman (the "Ombudsman") on a number of occasions in the past year.

The following EU legislative measures were published in the Official Journal of the EU (OJ) on 20 October, 2020 and entered into force on 9 November 2020:

From our recent bulletin ("Central Bank launches Consultation, February 2011") you will be aware of the consultation process (CP 50) initiated by the Central Bank on the proposed changes to the UCITS Notices and Guidance Notes to implement UCITS IV.

Following the commencement of the Central Bank Reform Act 2010, the Irish Financial Services Regulatory Authority has been renamed the "Central Bank of Ireland" with effect from 1 October, 2010.

From 26 June 2021, a new prudential regime applies to investment firms authorised under the Markets in Financial Instruments Directive ("MiFID II").

The European Securities and Markets Authority ("ESMA") has published on 23 July 2015 a consultation on guidelines on sound remuneration policies under the UCITS Directive and AIFMD (the "UCITS Consultation").

On 23 June, the United Kingdom voted to leave the European Union by 51.9% to 48.1%. The vote in favour of Brexit does not automatically trigger an exit by the UK from the EU.

On 1 January 2016, Solvency II came into force. The Solvency II regime comprises different levels of national and European legislation.

The new EU Securitisation Regulation will apply from 1 January 2019.

ESAs publish final report on draft RTS on the sub-contracting of ICT services supporting functions under DORA.

On 8 October 2018, the Central Bank published revised guidance (the "Guidance") on the use of financial indices by UCITS.

Regulation (EU) 2024/1620 of the European Parliament and of the Council of 31 May 2024 establishing the Authority for Anti-Money Laundering and Countering the Financing of Terrorism...