On 26 October 2023, the UK’s Online Safety Act received Royal Assent. Read more on the implications of this here.
BelfastESMA’s new Guidelines on certain aspects of the MiFID II suitability requirements came into effect on 3 October 2023.
Financial RegulationThe mandatory notification regime under the EU’s Foreign Subsidies Regulation (the FSR) went live on 12 October 2023.
Corporate & M&AAnna-Marie Curran, Partner looks at the draft Green Public Procurement Strategy and Action Plan
Climate Action1 June 2023 marked a significant step forward for patent protection and enforcement in Europe with the commencement of the Unified Patent system. It created a Unitary Patent, that provides uniform protection and equivalent effect across all participating Member States under the jurisdiction of one court, the Unified Patent Court.
TechnologyAt European level, the ESAs published a joint report on the extent of voluntary disclosure of PAI’s under SFDR.
Asset Management & Investment FundsDomestically, the CBI Director of Securities and Markets delivered a speech on sustainable finance in practice for fund managers. At European level, the European Commission launched a consultation on SFDR implementation.
Asset Management & Investment FundsDomestically, the CBI published its Regulatory Service Standards Performance Report for January - June 2023. At European level, the ECB issued Decisions and a Regulation concerning the Single Supervisory Mechanism.
FinanceDomestically, the CBI published its Insurance Quarterly Newsletter and Insurance Corporation Statistics for Q2 2023. At European level, EIOPA launched a survey on access to cyber insurance and appointed new members to the Management Board.
FinanceDomestically, the CBI updated its Beneficial Ownership Q&A. At European level, ESMA published its 2024 Annual Work Programme.
Financial RegulationUse of ESG-related language in the EU funds industry, ESMA CfE on shortening the standard settlement cycle, ESMA CSA on MiFID II sustainability requirements, SFDR, AML/CFT/FS.
Asset Management & Investment FundsDeadlines, CBI funds regulatory and supervisory update.
Asset Management & Investment Funds
