On 26 February 2025, the European Commission (Commission) published an omnibus package (Omnibus Package) of proposals to amend the EU's framework for sustainability reporting, including under the CSRD ((EU) 2022/2464). The...more
4/10/2025
/ Corporate Social Responsibility ,
EU ,
European Commission ,
Financial Services Industry ,
Proposed Legislation ,
Publicly-Traded Companies ,
Regulatory Reform ,
Reporting Requirements ,
Small Business ,
Sustainability ,
Voluntary Disclosure
Subject to certain requirements, a QIAIF may now guarantee the obligations of third-party entities in respect of investments and/or intermediate vehicles in which the QIAIF has a direct or indirect economic interest. This is...more
3/13/2025
/ Alternative Investment Funds ,
Central Bank of Ireland ,
EU ,
Financial Services Industry ,
Investment ,
Investment Funds ,
Investment Management ,
Private Funds ,
QIAIF ,
Regulatory Requirements ,
Risk Management ,
Third-Party
ESMA has launched a Consultation on a draft simplified disclosure template for "European private securitisations".
The stated objective of the Consultation is to streamline disclosure templates for private...more
EU Listing Act package simplifies listing requirements and post-listing obligations.
Targeted amendments to MAR remove disproportionate complexity but preserve investor protection....more
11/19/2024
/ Disclosure Requirements ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
European Securities and Markets Authority (ESMA) ,
Listing Standards ,
Market Abuse ,
MiFID II ,
MiFIR ,
Misleading Statements ,
National Competent Authorities (NCA) ,
Proposed Regulation
EU Listing Act package simplifies listing requirements and post-listing obligations.
Targeted amendments to the Prospectus Regulation remove disproportionate complexity but preserve investor protection....more
11/19/2024
/ Capital Markets ,
Disclosure Requirements ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
European Securities and Markets Authority (ESMA) ,
Exemptions ,
Investors ,
Listing Standards ,
MiFID II ,
Proposed Amendments ,
Proposed Regulation ,
Risk Management ,
Securities ,
Sustainability
European Commission has launched a short 8 week public consultation on key aspects of the EU Securitisation Framework.
The consultation seeks feedback on the effectiveness, scope and application of the current EU...more
On 29 December 2023, the Minister for Finance signed the European Union (Credit Servicers and Credit Purchasers) Regulations 2023 (the "Regulations") into law, thereby transposing the Directive on credit servicers and credit...more
4/16/2024
/ Borrowers ,
Central Bank of Ireland ,
Consumers ,
Credit Agreements ,
Creditors ,
Due Diligence ,
EU ,
European Economic Area (EEA) ,
Exemptions ,
Good Faith ,
Ireland ,
Loans ,
New Regulations ,
Recordkeeping Requirements
Revised Prospectus Regulatory Framework Q&A -
On 7 March 2024, the Central Bank of Ireland (the "Central Bank") published its Prospectus Regulatory Framework – Questions & Answers 2nd Edition (the "Revised Q&A"). This...more
3/21/2024
/ Banking Sector ,
Central Bank of Ireland ,
Commission Delegated Regulation ,
EU ,
Euronext ,
Financial Regulatory Reform ,
Financial Services Industry ,
Global Market ,
Investment ,
Investment Management ,
Investors ,
Ireland
1. Specific Financial Asset Types -
1.1 Common Financial Assets -
A wide range of asset classes have been securitised by Irish special purpose entities (SPEs): residential mortgages; commercial mortgages; auto loans;...more
2/22/2024
/ AML/CFT ,
Corporate Taxes ,
EU ,
Financial Regulatory Reform ,
Financial Services Industry ,
Foreign Financial Assets ,
Global Market ,
Investment ,
Investors ,
Ireland ,
Regulatory Agenda ,
Regulatory Requirements ,
Securities ,
Taxation
Last summer, we published an advisory discussing the European Banking Authority's ("EBA") final draft regulatory technical standards on risk retention pursuant to Article 6(7) of the Securitisation Regulation (EU) 2017/2017)...more
As outlined in our previous advisory ‘Central Bank’s property fund proposals’, the Central Bank of Ireland (the “Central Bank”) has recently been consulting on two key proposals:
a proposal to introduce leverage limits...more
Challenges create opportunities and the environmental and social challenges we currently face are no exception. In this paper we consider the opportunities provided by sustainable finance, and more specifically impact...more
8/9/2022
/ AIFM ,
Climate Change ,
Disclosure Requirements ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
Green Bonds ,
International Capital Markets Association (ICMA) ,
Investment ,
Paris Agreement ,
Policies and Procedures ,
Sustainability ,
Sustainable Business Practices ,
Sustainable Finance ,
Taxonomy ,
UCITS
On 12 April 2022, the European Banking Authority (the “EBA”) published its long awaited final draft regulatory technical standards (the “Final RTS”) specifying the requirements for originators, sponsors, original lenders and...more