Domestically, Governor Makhlouf’s pre-Budget 2022 letter was published. Governor Makhlouf spoke about the ECB strategy review at the DEW Annual Economic Policy Conference 2021; At European level, the EBA published its annual update on EU banks’ funding plans.
FinanceDomestically, the CBI updated its AIFMD Q&A and UCITS Q&A; At European level, the European Commission adopted the PRIIPS RTS setting out detail of the content and format of the KID.
Asset Management & Investment FundsKey messages from the Irish Minister for Finance, Paschal Donohoe, and the Irish Minister for Public Expenditure and Reform, Michael McGrath on Irish Budget Day 12 October 2021.
TaxNorthern Ireland is in the process of consulting on both a new energy strategy (in particular on renewable energy) and also on new climate change legislation.
ESG & SustainabilityIreland will sign up to the OECD Inclusive Framework political agreement on the two-pillar approach, following approval by the Irish Cabinet.
TaxIn July of this year, the European Commission announced a package of legislative proposals designed to strengthen the EU's framework of laws on anti-money laundering and countering the financing of terrorism (AML/CFT).
Asset Management & Investment FundsWhen the European Commission adopted the new EU Standard Contractual Clauses (new SCCs) for international data transfers earlier this year, we highlighted 3 key dates to be aware of.
TechnologyOn 22 September 2021, the Central Bank published a Notice of Intention (the Notice) to amend the Pre-Approval Controlled Functions (PCF) list.
Financial RegulationOn 28 September 2021 the Government published the Autumn 2021 Legislative Programme.
KnowledgeA&L Goodbody has unrivalled local experience in advising on complex transactions that necessitate engagement with the Competition and Markets Authority (CMA). Should you require any further information please contact a member of the Belfast Corporate or Competition teams.
Corporate and M&A BelfastGDPR/ PRIIPs/ ESMA TRV
Asset Management & Investment FundsPCF changes/ third party ManCos/ IFD/IFR/ CBI markets update/ new MMF daily reporting
Asset Management & Investment Funds