Events listed in Ireland
Notice of Intention in relation to ESMA Guidelines on stress test scenarios under ...
ID 22465
The Central Bank of Ireland (CBI) announces in its notice of intension that it will comply with the revised ESMA Guidelines on stress test scenarios under the MMF Regulation (ESMA34-49-495), which apply from 27 March 2023 (please note eventid=19498). These Guidelines provide common reference parameters for stress test scenarios for money market funds (MMFs) and managers of MMFs as defined in Regulation (EU) 2017/1131 ...
Industry Letter on Common Supervisory Action on the supervision of Costs and Fees ...
ID 22459
The Central Bank of Ireland (CBI) has released an Industry Letter highlighting the findings of its review on the costs and fees charged to UCITS, conducted as part of the ESMA’s Common Supervisory Action on the supervision of costs and fees of UCITS. The main objective of the review was to assess compliance with cost-related provisions in the UCITS framework. The CBI expects all ...
Central Bank sets out regulatory and supervisory priorities for 2023
ID 22285
The Central Bank Deputy Governors Derville Rowland and Sharon Donnery addressed the 2023 regulatory and supervisory priorities during an event held by the Institute of Banking. This discussion built on a previous priorities letter issued to regulated firms. Donnery emphasized the challenging macro-financial environment and the need for effective regulation and supervision. The focus will be on maintaining resilience within the financial system and ...
The Individual Accountability Framework, Financial Regulation and the Central Bank ...
ID 22251
Following the enactment of the Central Bank (Individual Accountability Framework) Act 2022 (IAF Act), which grants the Central Bank of Ireland (CBI) relevant powers to adopt detailed implementing regulations and guidelines and represents significant changes for directors and others performing regulated functions in Irish companies, the CBI launched a three-month public consultation paper, CP153. — „The IAF is given legal effect by the following: ...
Edition 2023, Issue No: 19: S.I. No. 86 of 2023. EUROPEAN UNION ...
ID 22158
The European Union (Sustainability-Related Disclosures in the Financial Services Sector) (Occupational Pension Schemes) Regulations 2023 (S.I. No. 86/2023) were published in the Irish Statute Book. These regulations expand the supervisory and enforcement powers of the Pensions Authority to include provisions from Regulation (EU) 2019/2088 – Sustainable Finance Disclosure Regulation (SFDR). The amendments to the Pensions Act 1990 involve the following changes: – Th ...
Process clarifications for UCITS and AIFs pre-contractual documentation updates in ...
ID 22065
The Central Bank of Ireland (CBI) has established a streamlined filing process for updates to pre-contractual documentation for UCITS, RIAIFs, and QIAIFs, in relation to the Commission Delegated Regulation (EU) 2023/363. The regulation amends and corrects the regulatory technical standards laid down in Commission Delegated Regulation (EU) 2022/1288, with respect to disclosures in pre-contractual documents and periodic reports for financial products investing in environmentall ...