On 15 July 2015 the Central Bank published Issue 4 of 2015 of its Markets Update which looked at; 

Central Bank of Ireland

  • CP 96 - Consultation on the Authorisation Requirements and Standards for Credit Servicing Firms and Consequential Amendments to Statutory Codes.
  • CP 95 - Joint Public Consultation Paper of the Department of Finance and the Central Bank of Ireland Funding the Cost of Financial Regulation.
  • Central Bank of Ireland's Guidance on Directors' Time Commitments - Q&A (discussed above).
  • Sixth Edition of the UCITS Q&A Published (discussed above).
  • Fourteenth Edition of the AIFMD Q&A Published (discussed above).

European Securities and Markets Authority (ESMA)

  • ESMA published the Final Report and Draft RTS on prospectus related issues under the Omnibus II Directive.
  • ESMA published an Opinion on the equivalence of the Israeli prospectus regime.
  • ESMA issued Q&A on anti-money laundering and investment-based crowd funding platforms (discussed below).
  • ESMA published its Final Guidelines on Alternative Performance Measures (APMs) for listed issuers.
  • ESMA consulted on regulatory technical standards under CSD Regulation. 
  • ESMA published Final Report on MiFID II-MiFIR draft technical standards on authorisation, passporting, registration of third country firms and cooperation between competent authorities. 
  • European Supervisory Authorities published Technical Discussion Paper on Risk, Performance Scenarios and Cost Disclosures in Key Information Documents for Packaged Retail and Insurance-based Investment Products (PRIIPs). (discussed below)
  • ESMA asked Commission to delay CSDR technical standards.

International Organisation of Securities Commissions (IOSCO)

  • IOSCO seeks better understanding of other CRA products and services.
  • IOSCO consulted on International Standards on Fees and Expenses of Investment Funds (discussed below).