Department of Finance Consultation paper on the Investment Firms Directive
Investment firms will be aware that we are twelve months away from the implementation of the Investment Firms Directive (IFD) and the Investment Firms Regulation, which will reshape prudential regulation for the sector. Firms operating in Ireland and other interested parties who have not already made submissions should note that the Department of Finance is inviting responses to their consultation paper on remuneration rules under the Investment Firms Directive. The closing date for submissions is Monday 6 July at 5pm.
Irish investment firms who will be subject to the IFD’s remuneration requirements, will be interested in the discretions outlined in the Consultation which relate to staff remuneration explained in our latest publication.
For more information in relation to this topic please contact Patrick Brandt, Partner, Keavy Ryan, Partner, Michael Doyle, Partner, Sinéad Prunty, Knowledge Lawyer or a member of the A&L Goodbody Litigation and Dispute Resolution team.