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ArticleAuthorisation As A MiFID Investment Firm In IrelandMiFID investment firms are regulated financial service providers authorised to provide investment services in relation to financial instruments.IrelandFinance and BankingWilliam Fry LLP
ArticleESAP Regulation Published In Official Journal; Timing ConfirmedThe ESAP Regulation was published in the Official Journal today, 20 December 2023.European UnionFinance and BankingArthur Cox
ArticleEU Banking Union Package Now in ForceRegulation (EU) 2019/876 (CRRII), Regulation (EU) 2019/877 (SRMRII), Directive (EU) 2019/878 (CRDV) and Directive 2019/879 (BRRDII), European UnionFinance and BankingMatheson
ArticleEuropean Central Bank Pecuniary ChargesThe sanctions act as a deterrent to the banking sector to avoid the intentional or negligent breach of EU law or ECB decisions and regulations. European UnionFinance and BankingDillon Eustace
ArticleNPL Update: EU Credit Servicing Directive Transposed Into Irish LawThe EU Credit Servicing Directive was transposed into Irish law from 30 December 2023. It applies only to post-transposition sales and servicing of NPLs originated by EU banks...European UnionFinance and BankingArthur Cox
ArticleImplementation Of Competent Authority Discretions In The European Union (Investment Firms) Regulations 2021 And Regulation (EU) No 2019/2033This Implementation Notice sets out the Central Bank of Ireland's (Central Bank's) requirements and guidance in relation to the implementation of certain competent authority discretions arising under...IrelandCorporate/Commercial LawArthur Cox
ArticleCentral Bank Of Ireland Supervisory Priorities For The Insurance SectorOn 23 June 2021, the Director of Insurance Supervision, Domhnall Cullinan, spoke about the Central Bank of Ireland's ("CBI's") expectations for insurance firms and key challenges the industry faces...IrelandFinance and BankingMaples Group
ArticleEMIR Update: Variation Margin; SSPEsFollowing on from the European Commission's recent proposal to amend EMIR, the EU Council (in its most recent compromise text) has suggested taking most physically-settled FX forwards out the scope...IrelandFinance and BankingArthur Cox
ArticleLending To A Company Incorporated In Ireland: Filing And Registration RequirementsWhen lending to an Irish company under English or US law, specific filing and registration requirements apply to security documents.IrelandFinance and BankingMaples Group
ArticleEIOPA Issues Solvency II Technical SpecificationA summary of the revised technical specifications for the Solvency II valuation and Solvency Capital Requirements calculations. IrelandInsuranceMatheson
ArticleAT1 Capital Instruments: Corporation TaxFinance Act 2019 extended the tax deduction for the return paid on AT1 capital instruments to comparable instruments issued by non-financial institutions. IrelandTaxArthur Cox
ArticleFinancial Services: Key Week In The European ParliamentIt's an important week from an EU financial services perspective, with the last European Parliament plenary session before the European elections in June 2024.European UnionFinance and BankingArthur Cox
ArticleMinister For Finance Signs Three Statutory Instruments To Complete The Transposition Of The IFD And IFR Into Irish LawOn 27 June 2022, the Minister for Finance signed three Statutory Instruments to complete the transposition of Directive (EU) 2019/2034 (the "Investment Firms Directive" or "IFD")...European UnionFinance and BankingMatheson
ArticleRemuneration: What To Expect Under The IFR & IFD?On 26 June 2021, the European regulatory authorities introduced new legislation, referred to as the Investment Firms Regulation EU 2019/2033 and Investment Firms Directive EU 2019/2034, which aims to establish a tailored prudential framework ...IrelandFinance and BankingGrant Thornton
ArticleFinancial Services Regulation Update: Solvency II - A New EraThe implementation of the Solvency II Directive into Irish law on the 1 January 2016 is a major development for the Irish insurance industry.IrelandInsuranceMason Hayes & Curran LLP
ArticleSolvency II Look-ThroughSolvency II, which came into effect on 1 January 2016, introduces a risk-based approach to the supervision of insurance companies.IrelandInsuranceDillon Eustace
ArticleSignificant Risk Transfers, Basel IV And Irish SPVs In 2024The European Significant Risk Transfer (SRT) market is well established and involves the transfer of credit risk from a bank's portfolio of assets to a third party...IrelandFinance and BankingOgier
ArticleWhat Does CRD VI Mean For Financial Services In Ireland?As Article 21c of CRD VI ushers in a new era for third-country access to the EU banking market, firms need clarity, strategy and the right expertise.IrelandFinance and BankingArthur Cox