The Central Bank of Ireland (the Central Bank) has issued updated Transparency Rules to reflect the ending of the delegation arrangement with the Irish Stock Exchange (ISE) relating to the performance of certain tasks under the Transparency (Directive 2004/109/EC) Regulations 2007. These delegated tasks have been carried out by the ISE on behalf of the Central Bank since 2007. The transfer of regulatory functions relating to the Prospectus, Market Abuse and Transparency Directives from the ISE to the Central Bank is now fully complete.
The Irish Auditing & Accounting Supervisory Authority (IAASA) remains the relevant competent authority for examining whether information referred to in the Directive is drawn up in accordance with the relevant reporting framework. The role of IAASA is unaffected by the ending of the delegation arrangement between the Central Bank of Ireland and the ISE.
The delegation arrangement ended on 5 November and the new Transparency Rules came into effect from that date. The changes to the new Rules are minor procedural changes to give effect to the new arrangements.
To access the new Transparency Rules (November 2012 version) please click here.