In this issue, we both look back at the Central Bank Reform Act in light of the latest changes to supervision in the Central Bank of Ireland.
In banking news, the European Banking Authority has published a final report on guidelines for managing environmental, social and governance (ESG) risk. We discuss the key takeaways and next steps for firms.
In insurance, the European Insurance and Occupational Pensions Authority published its report on the Prudential Treatment of Sustainability Risks. We outline the proposed capital changes, their impact and the considerations highlighted in the report.
We also explore the key aspects of the Internal Capital Adequacy Assessment Process (ICAAP) for MiFID investment firms. And outline the main components of the application form for authorisation as a Crypto-Asset Service Provider, highlighting the key areas that applicants must address to gain authorisation.
In our cross-sector review, we discuss the launch of the new Consumer Protection Code and the key implementation challenges ahead, as well as the Central Bank of Ireland’s release of the second iteration of its annual outlook report, which details the key risks and trends facing the financial sector in Ireland. On International Data Privacy Day, we outlined our top 10 privacy predictions for 2025.
Download our full document below to read the latest financial services insights over the past three months.
