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3 weeks ago | 
mondaq.com | Suzanne Kearney |Golda Hession |Sarah Thompson |Maedhbh Clancy
The "stop the clock" directive has beenpublished in the Official Journal of the EU and will enter intoforce tomorrow, 17 April 2025. Member States arerequired to transpose the directive into national law by 31December 2025.
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1 month ago | 
mondaq.com | Suzanne Kearney |Golda Hession |Sarah Thompson |Maedhbh Clancy
On 26 March 2025, the Council of the EU adopted its position,approving without amendment, the "stop the clock"proposal. The "stop the clock" proposal forms part of theOmnibus Package published by the European Commission on 26 February2025.
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1 month ago | 
mondaq.com | Louise O'Byrne |Robert Cain |Sarah Thompson |Maedhbh Clancy
Under the Central Bank (Individual Accountability Framework)Act 2023, the Central Bank is empowered to prescribe BusinessStandards for all or specific classes of regulated entities. Draft'Standards for Business' Regulations formed part of the Central Bank's 2024 consultation on changes tothe Consumer Protection Code (CPC).
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2 months ago | 
mondaq.com | Suzanne Kearney |Golda Hession |Sarah Thompson |Maedhbh Clancy
The European Commission has published an 'Omnibus' package, which includesproposals to amend the Corporate Sustainability Reporting Directive(CSRD) and Corporate Sustainability Due DiligenceDirective (CSDDD), a two-year postponement of CSRDreporting requirements for companies in the second and third wavesand delaying transposition and application of the CSDDD by oneyear. It is proposed that CSRD obligations for companies due to reportin 2026 and 2027 would be postponed by two-years.
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2 months ago | 
lexology.com | Denise Murray |Sarah Thompson |Robert Cain |Ian Dillon |Dara Harrington |Kevin Murphy | +8 more
On 28 February 2025, the Central Bank of Ireland (Central Bank) introduced its new supervisory approach which seeks to integrate conduct, integrity and prudential supervision. The Central Bank references the evolution of its supervisory approach since it introduced risk-based supervision (PRISM) in 2011. The pace of change in the financial sector together with the additional responsibilities to supervise a changed landscape have prompted the development of this New Supervisory Approach.
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2 months ago | 
lexology.com | Suzanne Kearney |Golda Hession |Sarah Thompson |Maedhbh Clancy |Sarah O'Sullivan
The European Commission has published an ‘Omnibus’ package, which includes proposals to amend the Corporate Sustainability Reporting Directive (CSRD)…
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Jan 14, 2025 | 
mondaq.com | Maedhbh Clancy |Robert Cain |Sarah Thompson |Sinead Cantillon
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley. Today marks a key date for the EU Instant Payments Regulation, with the first wave of requirements coming into effect. European Union Finance and Banking
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Nov 26, 2024 | 
mondaq.com | Maedhbh Clancy |Suzanne Kearney |Sinead Cantillon |Aisling Carey
The Companies (Corporate Governance, Enforcement and
Regulatory Provisions) Act 2024 was signed into law on 12
November 2024. Commencement orders are needed for its provisions to
become operational.
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Nov 20, 2024 | 
mondaq.com | Phil Cody |Maedhbh Clancy |Aiden Small |Peter Murphy
AC
Arthur Cox
More
Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley.
ESMA published the Report on its assessment of the shortening of the settlement cycle in the EU to T+1 yesterday, 18 November 2024.
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Nov 1, 2024 | 
mondaq.com | Sarah Thompson |Golda Hession |Suzanne Kearney |Maedhbh Clancy
The EU Corporate Sustainability Reporting Directive (CSRD)
requires in-scope companies to report annually on environmental,
social, human rights and governance matters.
The CSRD was transposed into Irish law via the European Union
(Corporate Sustainability Reporting) Regulations 2024, which
amended the Companies Act 2014 and the Irish Transparency
Regulations 2007.
