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The Third Anti-Money Laundering Directive was transposed into Irish law on 5 May, 2010 by the Criminal Justice (Money Laundering and Terrorist Financing) Act, 2010 (the "CJA Act 2010") and has been effective as of 15 July, 2010.

On 23 June 2021, the Central Bank held an insurance industry event with the opening keynote address delivered by Domhnall Cullinan, Director of Insurance at the Central Bank.

The Central Bank Reform Act 2010 provides the Central Bank with a range of powers regarding fitness and probity for persons in certain positions within the financial services sector. The Bank is empowered to:

The implementation of CRD VI introduces a new regulatory framework governing how non-EU credit institutions and undertakings can provide core banking services within the European Union. Ireland's transposition of Article 21c requirements on 10 July 2026 creates both opportunities and interpretive challenges for firms navigating deposit-taking, lending, and guarantee provision in the post-January 2027 landscape.

Following the publication of its Work Programme and Strategic Priorities for 2023/24 in December 2022, the Basel Committee on Banking Supervision met earlier this month and confirmed...

The Central Bank has launched its new risk-based supervision framework, PRISM (Probability Risk and Impact System).

On 14 February 2012, the Central Bank of Ireland issued a policy update in respect of the payment of dividends out of capital by Irish authorised retail collective investment schemes.

In December 2011, the Central Bank issued amended UCITS Notices, NU Notices and guidance notes.

On 16 December 2020 the European Commission unveiled a strategy to prevent a future accumulation of non- performing loans on banks' balance sheets across EU member states as a result of the Covid-19 pandemic.

The Central Bank and Credit Institutions (Resolution) Act 2011 was signed into law on 20 October 2011.

Partners Keith Waine and Keith Robinson contribute to The Global Legal Insights guide to: Banking Regulation 2021.

In our latest European Securities Law Update we provide a high-level insight into the recently published technical standards relating to risk retention and disclosure requirements

The Irish implementing statutory instrument has not yet been published by the Department of Finance but is expected in the next few months.

The Central Bank has issued a reminder of the requirement to comply with due diligence provisions regarding certain positions in regulated entities by 31 March 2012.

The Commercial Court in Dublin is currently dealing with around 50 cases arising from the role played by the convicted fraudster Bernard Madoff in respect of two Irish investment funds, Thema International Fund plc and AA (Alternative Advantage) plc.