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DLA Piper | United Kingdom, European Union | 9 Feb 2017

The Financial Report, 9 February 2017, News from Europe

PRA updates statement of policy on calculating risk-based levies for FSCS deposits class. The Prudential Regulation Authority updated


Arthur Cox | Ireland | 26 Jul 2016

Variable rate mortgage holders given further protection

On 21 July 2016, the Central Bank announced that holders of variable rate mortgages will be granted further protections from 1 February 2017. The new


A&L Goodbody | Ireland | 1 Nov 2011

New Central Bank individual questionnaire for directors and senior managers

In line with the Central Bank's new fitness and probity regime, which comes into effect on 1 December 2011, the Central Bank has issued a revised form of Individual Questionnaire (IQ) which will apply from the same date.


Mason Hayes & Curran | Ireland | 14 Oct 2011

New individual questionnaire issued by Central Bank

The Central Bank has issued a new form of Individual Questionnaire (“IQ”) which will apply from 1 December 2011.


Dechert LLP | Global | 9 May 2011

Financial Service Board proposals on financial regulatory reforms

The Financial Stability Board (the “FSB”) published on 5 April 2011 a press release following its meeting on vulnerabilities affecting the financial system, and decisions to progress major initiatives to strengthen the resiliency of the financial system, which contains the following points of interest.


Mason Hayes & Curran | Ireland | 19 Apr 2011

Central Bank consults on UCITS IV

On 17 February 2011, the Central Bank issued a new Consultation Paper ("CP 50") to request feedback on various amendments to the UCITS Notices and Guidance Notes to reflect and implement the provisions of UCITS IV.


Matheson | Ireland | 11 Apr 2011

Central Bank publishes Consultation Paper CP 47 on proposed changes to Consumer Protection Code

On 28 October 2010, the Central Bank of Ireland (the "Central Bank"), published Consultation Paper 47, a review of the Consumer Protection Code (the "CPC").


A&L Goodbody | Ireland | 30 Jul 2010

Extension of deadline for submissions to consultation paper on credit unions

The Central Bank and Financial Regulator have announced an extension to the deadline for submissions on the consultation paper "Stabilisation Support for Credit Unions" to 24 September 2010, in order to provide sufficient time for the preparation of submissions.


Dentons | Global | 23 Jul 2010

Basel holds review meeting

At its meeting on 14-15 July, the Basel Committee on Banking Supervision reviewed the design and overall calibration of the capital and liquidity frameworks, comments on its December 2009 consultation package, the results of its comprehensive quantitative impact study (QIS) and its economic impact assessment analyses.


A&L Goodbody | Ireland | 30 Jun 2010

Central bank publishes proposals for credit union stabilisation support scheme

On 23 June, the Financial Regulator launched a public consultation on options for stabilisation arrangements in the credit union sector.

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