The Central Bank of Ireland (Central Bank) has issued updated Transparency Rules to reflect the completion 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 (the Transparency Regulations). 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) is the relevant competent authority for the purposes of Article 24(4)(h) of the Transparency Directive. IAASA is responsible for examining that 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.