12/11/2020 - The Central Bank of Ireland has released (27.10.20) the findings that arose from its thematic review which assessed how fund management companies have implemented the Central Bank requirements in this area – termed the CP86 framework.
22/10/2020 - The practice of ESG investing began in the 1960s when investors chose to exclude stocks or entire industries from their portfolios based on business activities such as tobacco production.
22/10/2020 - The Investment Firms Directive ((EU) 2019/2034) and Investment Firms Regulation (EU) 2019/2033 (IFD/IFR) take effect from 26 June 2021 and will establish a new, tailored prudential regime for MiFID investment firms.
30/09/2020 - There has recently been an enhanced focus, both at national and international level, on disclosure requirements in respect of sustainability and ESG factors, with a view to allowing investors to make informed investment choices about ESG products.
23/07/2020 - Amid widespread economic uncertainty and increasingly volatile markets, derivatives traders have seen the prices of underlyings such as oil turn negative – a previously unimaginable scenario.
27/06/2019 - Venture capital funding to Irish technology firms fell by just over 40% to €196.8m in the first quarter of 2019 compared to €332m in the same period last year, according to the Irish Venture Capital Association VenturePulse survey published in association with William Fry.
09/01/2019 - Investment down by 33% to €546m in first nine months. Figures confirm “significant slowdown in market”
22/05/2018 - On 12 March 2018, the European Commission published draft legislative proposals that are aimed at removing certain regulatory and administrative barriers to the cross-border distribution of investment funds within the EU.
05/03/2018 - ESMA has issued a second Q&A on the Benchmarks Regulation (BMR) in less than two months that will be of interest to investment funds.
02/11/2017 - The EU General Data Protection Regulation (GDPR) will take effect on 25 May 2018 and has been described as the most ground-breaking piece of European Union legislation in the digital era.
26/10/2017 - The European Commission (Commission) has recently proposed a number of legislative amendments aimed at further promoting supervisory convergence - one of the key tools in its Capital Markets Union toolbox.
17/08/2017 - The Central Bank of Ireland (Central Bank) signed the Central Bank (Supervision and Enforcement) Act 2013
01/08/2017 - Following its adoption by the Council of the EU, the Money Market Funds Regulation has been published in the Official Journal of the EU. Therefore, the transition period for the implementation of the Regulation has begun.
01/08/2017 - Following its bruising and protracted journey through the EU legislative process, the EU Regulation on Packaged Retail and Insurance-Based Investment Products ("PRIIPs") (EU 1286/2014) (the "Regulation") and related legislation will finally take effect on 1 January 2018.
22/06/2017 - High Court rejected Third Party Litigation Funding. This case arose as a consequence of the plaintiffs' allegations that there was impropriety in a tender process resulting in the award of a mobile phone licence to Esat Digifone in 1996.
10/05/2017 - On 5 April 2017, almost three and a half years after it was first proposed in September 2013, the European Parliament (Parliament) adopted at first reading the Money Market Funds Regulation (Regulation).
11/04/2017 - The UCITS Directive (2009/65/EC) recognises the possibility for UCITS to offer different share classes to investors, but provides no detail as to the permitted scope of these share classes. As a result, there is no common legal or regulatory framework for establishing share classes throughout the EU.
05/04/2017 - Updates of interest include: Supervisory Priorities - Speaking at two industry events*, Grainne McEvoy, Director of Securities and Markets Supervision set out the Central Bank's 2017 supervisory priorities, together with other planned initiatives, as they relate to Asset Management.
05/04/2017 - As part of the overall plan toward achieving capital markets union ("CMU"), the European institutions are increasingly focused on the streamlining and convergence of regulation in the asset management and financial services landscape.
04/04/2017 - The Central Bank (Supervision and Enforcement) Act 2013 (Section 48 (1)) (Investment Firms) Regulations 2017 (the "Regulations") consolidate into one location the requirements that the Central Bank imposes on certain investment firms.