Ireland introduced legislation to implement the Corporate Sustainability Reporting Directive (CSRD) into national law and the Corporate Sustainability Due Diligence Directive (CSDDD) was published in the Official Journal of the EU.
ESG & SustainabilityWe have seen a significant increase in the volume of queries in relation to employers of record arrangements, from both employer of record service providers and end user clients in recent years.
EmploymentDomestically, the CBI issues Dear CEO letter on discretionary commission arrangements in the motor finance industry. At European level, the EBA publishes three sets of RTS from Phase 1 of the DORA implementation plan.
Financial Regulation AdvisoryAt European level, the EBA and ESMA publish a discussion paper on the potential review of the investment firms prudential framework and the Council of the European Union agrees its position on the Retail Investment Package.
Asset Management & Investment FundsDomestically, the CBI publish latest issues of Insurance Quarterly Newsletter for Q2 2024 and Q1 2024 Insurance Corporation Statistics. At European level, EIOPA publish Annual Report for 2023 and biannual Financial Stability Report.
FinanceDomestically, the CBI introduces new macroprudential framework for Irish authorised GBP-denominated LDI funds. At European level, the EBA and ESMA publish a discussion paper on the potential review of the investment firms prudential framework.
Asset Management & Investment FundsDomestically, the Director of Consumer Protection, Colm Kincaid, addresses challenges relating to customer engagement and banking channels. At European level, the EBA publish package of governance regulatory products under the Markets in Crypto-Assets Regulation.
FinanceOver 18 months has passed since Ireland transposed the EU Whistleblowing Directive, with the Protected Disclosures (Amendment) Act 2022 coming into force on 1 January 2023.
EmploymentThe Department of the Environment, Climate and Communications recently published the Private Wires Guiding Principles for Policy Formation.
Energy & Natural ResourcesThe Central Bank of Ireland has published the outcome of an independent review of the Central Bank’s fitness and probity approval process.
Asset Management & Investment FundsOn 17 June 2024, the Irish High Court made an order approving the first cross-border division of an entity incorporated in an EEA member state into Ireland.
Corporate & M&AWhat is the current status of the proposed reform of the EU’s ADR legislative framework for consumers?
Disputes