Revised Guidance on F&P Standards: The Central Bank proposes consolidated and enhanced guidance, including details around objective measures for PCF roles, conflicts of interest, suitability within boards, and a 10-year...more
Following the 2024 independent review by Mr Andrea Enria (former Chair of the European Central Bank Supervisory Board) of the Central Bank of Ireland’s Fitness and Probity (F&P) assessment process, the Central Bank has...more
Today, the Central Bank of Ireland published the Consumer Protection Code 2025 ("CPC 2025") comprising: (i) the Consumer Protection Code Central Bank Reform Act 2010 (Section 17A) (Standards for Business) Regulations 2025...more
The Central Bank of Ireland (Individual Accountability Framework) Bill 2022 has now been finalised in the Houses of the Oireachtas and referred to the President for signing into law later this month. The Bill is intended to...more
On 7 December 2022, the Central Bank of Ireland (the “Central Bank”) issued a 'Dear CEO' letter (the "Letter") setting out the findings of its recently completed thematic review assessing how Fund Management Companies have...more
Having recently conducted a number of anti-money laundering, counter financing of terrorism and financial sanctions (“AML/CFT/FS”) supervisory engagements with Funds and Fund Management Companies (“Firms”), the Central Bank...more
The theme of corporate governance and effective board oversight within the alternative investment funds industry continues to be debated among investment fund boards, investment managers, institutional investors and...more