Financial Regulatory

The Central Bank of Ireland is seeking views on a new macroprudential policy framework for investment funds. A new discussion paper published yesterday aims to advance ongoing international and European discussions on how a macroprudential perspective in the regulation of the funds sector could be a

The number of Irish sustainability-focused funds has grown by more than 40 per cent since the Sustainable Finance Disclosure Regulation (SFDR) was introduced in 2021, according to new analysis by the Maples Group. The inaugural edition of SFDR Impact Analysis contains a detailed assessment of the cu

McCann FitzGerald LLP has been named as winner in the 'Financial Services Regulatory – Regional Firm' category at the IFLR Europe Awards 2023. The IFLR Awards celebrate legal innovation and showcase transactions that break new legal ground, set precedents and develop the legal environment for

Over 160 solicitors attended the Law Society of Ireland and the Central Bank of Ireland's joint event on new regulations earlier this week. The "Enhanced governance, performance and accountability in financial services – the Individual Accountability Framework" event took place at Blackhall Pl

The Central Bank's powers have been significantly enhanced with the commencement of a large part of new legislation, the government has said. A commencement order was signed by finance minister Michael McGrath yesterday to bring into effect Parts 1, 3 (other than section 10), 4, 5, 6 and 7 of the Ce

More than three-quarters of pension professionals believe that pensions regulations in Ireland are too complex, according to a survey by Mason Hayes & Curran LLP. The business law firm surveyed more than 120 HR and pension professionals attending its recent webinar, Attracting & Retaining Ta

Multinational law firm Pinsent Masons has hired litigation lawyer Lisa Carty as a partner to lead its litigation regulatory and tax offering in Dublin. Ms Carty has over 20 years’ experience advising on a wide range of commercial cases, including contractual disputes, investment disputes, prof

Complaints against banks and pension providers could be heard in public under new legislation brought in response to a Supreme Court ruling. The Financial Services and Pensions Ombudsman (FSPO) will have the power to hold oral hearings in public where it is deemed to be "appropriate or desirable" wh

The Irish government is set to bid for the EU's new Anti-Money Laundering Authority (AMLA) to be headquartered in Ireland. The new EU-wide body is scheduled to become "fully operational" by the beginning of 2024 and to directly supervise financial institutions from 2026.

Legislation paving the way for a new individual accountability framework for the financial services sector has been signed into law. The Central Bank (Individual Accountability Framework) Act 2022 provides for a new senior executive accountability regime (SEAR), which will come into force once the C

Almost all senior banking and financial services professionals believe that financial regulators should take competition and consumer choice into account when formulating regulatory policy, according to a new survey by Mason Hayes & Curran. The business law firm polled more than 150 people at a

New legislation aimed at growing credit union lending has been approved by Senators and will now go before TDs. The Credit Union (Amendment) Bill 2022, published earlier this month, is the first substantive credit union legislation since 2012, which followed the Commission on Credit Unions.

New legislation aimed at growing credit union lending has been published by ministers. The Credit Union (Amendment) Bill 2022 is the first substantive credit union legislation since 2012, which followed the Commission on Credit Unions.

Business law firm Mason Hayes & Curran has launched the latest edition of its compendium of EU securities laws. The book, available free of charge from the firm’s website, contains all EU legal measures in the areas of listing of securities, prospectus obligations, market manipulation and

Offshore law firm Walkers has appointed Aongus McCarthy as a partner in its asset management and investment funds practice group in Ireland. Mr McCarthy, who previously led the investment funds team of an international law firm, advises domestic and international asset managers on the structuring, e