Banking and Finance
European Securities and Markets Authority (ESMA) (News)
The purpose of this document is to promote common supervisory approaches and practices in the application of the Prospectus Directive 2003/71/EC and its implementing measures. It does this by providing responses to questions posed by the general public and competent authorities in relation to the practical application of the Prospectus Directive 2003/71/EC...
European Securities and Markets Authority (ESMA) (News)
Public Hearing on Financial Supervision in the EU; Brussels; Steven Maijoor, Chair; European Securities and Markets Authority; 24 May 2013...
Finance Watch (News)
Financial trading should not benefit from public support, said Finance Watch, the public interest advocacy association...
European Commission (News)
Commissioner Barnier has indicated his intention to come forward with a proposal for a Directive to improve the governance and transparency of occupational pension funds in the autumn of 2013...
European Commission (News)
The EESC is urging the Council to send out the right signal to the European public and to prove that Europe is able to tackle this fundamental issue. Tax evasion costs EUR 1 trillion a year - EUR 2 000 for each and every one of Europe's 500 million citizens...
European Commission (News)
Remarks by EU Commissioner Štefan Füle on behalf of HRVP Catherine Ashton on asset recovery; 22 May 2013...
European Commission (News)
Statement by President Barroso following the European Council meeting; 22 May 2013...
European Commission (News)
Günther Oettinger, EU Commissioner for Energy said: "I welcome this major step enhancing the safety of offshore oil and gas production in the EU..."
British Bankers Association (BBA) (Event)
British Bankers Association (BBA) (Event)
British Bankers Association (BBA) (Event)
International Organization of Securities Commissions (IOSCO) (News)
Global emerging market securities regulators met in Panama City from 21-23 May 2013 and reinforced the need to play a more active role in global regulatory reform efforts and being involved at early stages of new international regulatory reforms to ensure emerging market considerations are reflected in the reform efforts...
International Swaps and Derivatives Association (News)
The Associations’ further response to the Trading Book Group of the BCBS on the Fundamental Review of the Trading Book Rules’ standard rules approaches. It continues ISDA's recent series of additional detailed feedback papers following ISDA's first Industry Response in September 2012...
Financial Stability Board (FSB) (News)
The FSB hosted the fourth meeting of the FSB Regional Consultative Group for Europe under the co-chairmanship of Gaston Reinesch, Governor, Banque centrale du Luxembourg and Tom Scholar, Second Permanent Secretary, HM Treasury, United Kingdom, in Basel, Switzerland...
Matheson (News)
This edition looks at:
the implementation of the Finance Act 2013;
progress of the Financial Transactions Tax;
two important recent VAT decisions handed down by the ECJ;
tax proposals during the currency of Ireland’s EU Presidency;
latest developments in EU data protection laws;
recent developments on work permits for overseas employees in the ICT sector; and
implementation of Alternative Investment Fund Managers Directive
Matheson (News)
Despite the well documented economic challenges endured in Ireland over the past number of years, the appetite of international companies to invest in Ireland continues to grow. The majority of investment in Ireland is in three broad sectors: financial services, life sciences and technology...
PricewaterhouseCoopers (News)
The Central Bank of Ireland has announced that it is now accepting applications under the Alternative Investment Fund Managers’ Directive (Directive 2011/61/EU) and has released the application form for this process...
Department of Justice and Equality (News)
Speech by the Minister for Justice, Equality and Defence, Mr. Alan Shatter TD - Second Stage (Seanad Éireann), 22 May 2013...
Department of Finance (News)
Topics in this issue:
Executive Summary
Economic Overview
Banking Overview
Central Bank of Ireland (News)
The Central Bank may conduct an Inquiry under Part IIIC of the Central Bank Act, 1942, as amended where it suspects on reasonable grounds that a prescribed contravention is being or has been committed...
Central Bank of Ireland (News)
Remarks prepared by Governor Patrick Honohan for the FMC2 Conference, Dublin; 23 May 2013...
Central Bank of Ireland (News)
At the end of 2012, almost one-fith of owner-occupier mortgages were in arrears. A further five per cent not in arrears were classified as restructured loans. This Economic Letter looks at the impact of financial distress on household expenditure patterns by comparing the behaviour of households in mortgage distress with similar households in the general population...
United Nations (UN) (News)
UN Resolution 2103 (2013) on 22 May 2013 with respect to measures against the Government Guinea-Bissau...
Bank for International Settlements (BIS) (News)
Ben S Bernanke
Benoît Coeuré
Peter Praet
Ravi Menon
Department of Justice and Equality (News)
Speech by Minister of Justice Equality and Defence Mr Alan Shatter TD; 22 May 2013...
European Banking Authority (EBA) (News)
The EBA launched a consultation on draft Guidelines on capital measures for foreign currency lending (FX lending) aimed at providing guidance to national competent authorities on how to deal with the specific risk of FX lending to unhedged borrowers as part of the Supervisory Review and Evaluation Process...
European Banking Authority (EBA) (News)
The EBA launched a consultation on draft Regulatory Technical Standards on additional collateral outflows...
European Banking Authority (EBA) (News)
The EBA launched a consultation on draft Implementing Technical Standards related to supervisory reporting of additional monitoring metrics for liquidity...
European Banking Authority (EBA) (News)
The EBA launched a consultation on Draft Regulatory Technical Standards on own funds related to criteria to define broad market indices, the calculation of minority interest and the deduction of indirect and synthetic holdings...
European Banking Authority (EBA) (News)
The EBA launched a consultation paper on draft Regulatory Technical Standards to define a range of methods to reflect in the own funds requirements non-delta risks for options and warrants...
European Banking Authority (EBA) (News)
The EBA launched a consultation paper on draft Regulatory Technical Standards to define the term market for the purpose of calculating the ‘general’ component of market risk for equities under the standardised rules...
Legislation (Ireland) (News)
An Act to provide for the holding of a national lottery on behalf of the Minister for Public Expenditure and Reform, to establish the Office of the Regulator of the National Lottery and to define the functions of the Regulator, to repeal the National Lottery Act, 1986, to amend sections 27 and 28 of the Gaming and Lotteries Act, 1956 and to provide for connected matters...
Irish Revenue Commissioners (News)
These are the Notes for Guidance on the Taxes Consolidation Act, 1997 (as amended by subsequent Acts up to and including the Finance Act, 2013). These Notes are intended as guidance notes only and do not purport to be a definitive legal interpretation of the provisions of the Taxes Consolidation Act, 1997, as updated to the Finance Act, 2013...
Bank for International Settlements (BIS) (News)
The global financial crisis led to discussion of corrective bank taxes to promote financial stability. This paper interprets the widening of the FDIC assessment base from deposits to assets less equity for US-chartered banks in April 2011 as such a corrective or Pigovian tax...
Bank for International Settlements (BIS) (News)
William C Dudley
Mark Carney
Choongsoo Kim
Central Bank of Ireland (News)
The Macro-Financial Review offers an overview of the current state of the macro-financial environment and an assessment of key risks to financial stability in Ireland. Its aims are twofold to help the public, financial-market participants and international and national authorities better evaluate financial risks; and to promote informed dialogue on the financial system’s strengths and weaknesses and efforts to strengthen its resilience...
AL Goodbody (News)
The Department of Jobs, Enterprise and Innovation have published a Consultation paper on the implementation of the Consumer Rights Directive (2011/83/EU)...
AL Goodbody (News)
The Central Bank of Ireland has published the long awaited draft AIF Rulebook together with draft application forms and a Questions and Answers document...
European Banking Authority (EBA) (News)
The EBA launched a consultation paper on draft Regulatory Technical Standards to specify the securitisation retention rules and related requirements and draft Implementing Technical Standards (ITS) to clarify the measures to be taken in the case of non-compliance with such obligations...
European Banking Authority (EBA) (News)
The EBA launched a consultation on draft Implementing Technical Standards on Passport Notifications aimed at specifying the standard forms, templates and procedures underlying the submission of passport notifications...
European Banking Authority (EBA) (News)
The EBA launched a consultation on draft Regulatory Technical Standards on Passport Notifications aimed at specifying the information to be notified to the competent authorities...
European Banking Authority (EBA) (News)
The EBA launched a consultation paper on draft Regulatory Technical Standards on criteria to identify categories of staff whose professional activities have a material impact on an institution’s risk profile. These material risk takers will be subject to specific provisions of the Capital Requirements Directive related, in particular, to the payment of variable remuneration...
Dillon Eustace (News)
In a move that should be welcomed by mortgage lenders and other interested parties, such as purchasers of loans, structured credit or other assets backed by Irish real estate, the Minister for Justice, Equality and Defence, Alan Shatter T.D. published the Land and Conveyancing Law Reform Bill 2013 on 28th March, 2013...
Legislation (Ireland) (News)
These Regulations give further effect to the Directive No. 93/13/EEC on unfair terms in consumer contracts...
Legislation (Ireland) (News)
This Order gives further effect in Irish law to Directive 2005/60/EC of the European Parliament and the Council on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing by establishing an Appeal Tribunal under section 101(1) of the Criminal Justice (Money Laundering and Terrorist Financing) Act, 2010...
Bank for International Settlements (BIS) (News)
Sarah Bloom Raskin
Yves Mersch
Erdem Başçi
Barbro Wickman-Parak
Deepak Mohanty
Lim Hng Kiang
Ernst and Young (News)
On 25 April 2013 the International Accounting Standards Board held its final meeting on the hedge accounting project, which is part of IFRS 9 Financial Instruments...
Irish Stock Exchange (News)
Release 14.0 will be implemented on Monday, 28th October 2013...
Irish Stock Exchange (News)
The Alternative Investment Fund Managers Directive (Directive 2011/61/EU) introduces new disclosure and reporting requirements for alternative investment fund managers...
Irish Stock Exchange (News)
Listing a QIF provides admission to an EU regulated market thereby increasing distribution opportunities and enhancing investor transparency...
