ALG guides to both the IAF and SEAR, and the Central Bank IAF Consultation.
Regulatory Risk & InvestigationsDomestically, the anticipated Guidance for (Re)Insurance Undertakings on Climate Change Risk has been published by the CBI. At European level, EIOPA has published a supervisory statement on differential pricing practices in the non-life insurance sector.
Financial RegulationDomestically, the CBI has published an industry letter on costs and fees of UCITS and AIFs. At European level, a speech has been delivered by the ESMA on the macro-prudential supervision of investment funds.
Asset Management & Investment FundsDomestically, the CBI has published the "Dear CEO letter - MiFID Structured Retail Product Review – Supervisory Guidance". At European level, the ESMA has raised concerns in relation to the proposed changes to the insider list regime.
Asset Management & Investment FundsDomestically, the President of Ireland signed the Central Bank (Individual Accountability Framework) Bill 2022 (IAF Bill) into law. At European level, the EBA published a consultation paper in relation to amendments to guidelines on risk-based anti-money laundering and countering the financing of terrorism (AML/CFT) supervision.
Financial RegulationDomestically, the Central Bank of Ireland (CBI) has published its Quarterly Bulletin 2023 which found that inflation is easing but is expected to remain elevated. At European level, the EBA has published a new set of indicators to identify potential causes of consumer harm.
FinanceNorthern Ireland is making strides towards a more sustainable future by encouraging the adoption of electric vehicles. However, the lack of electric vehicle charging points in the region is becoming a significant barrier to the widespread uptake of electric vehicles.
BelfastGreen leases are a relatively new concept in Northern Ireland's commercial property market, but they are gaining traction among landlords and tenants alike. Essentially, a green lease is a rental agreement that includes provisions for sustainable building management practices, environmental performance, and energy efficiency.
BelfastFrom 12 April 2023, minimum salary thresholds and going rates will increase for a number of visa routes. These changes reflect the upcoming increases in UK national minimum wage and national living wage rates.
Employment & Incentives BelfastOn 10 March 2023, the Irish Government published its policy decision entitled 'Accelerating Ireland's Offshore Energy Programme: Policy Statement on the Framework for Phase Two Offshore Wind'.
Environmental & PlanningESMA, greenwashing, ELTIFs, AIFMD Q&A, insider lists, MiFIR/ MiFID II, BMR, CSDR, PRIIPs KID, AML/CFT/ FS.
Asset Management & Investment FundsCosts and fees, IAF, CBI expectations, PRIIPs, marketing UCITS and AIFs, F&P, MMFs, CBI Markets Updates.
Asset Management & Investment Funds
