Newsletter 04/2015
Seminar Announcement

Preparing for Change under the Companies Act 2014 –Guidance for Regulated Entities

a morning seminar on Friday 15th May 2015
(LIMITED AVAILABILITY!!)

Topics:

  • How to decide which legal form is right for your company taking into account the differences between the new company forms
  • Understanding the legal requirements for re-regsitration and how Regulated Entities are affected by the changes
  • Key dates in the Transitional period for re-registration and why doing nothing is not an option
  • How to re-register in a new company form - the steps to be taken before the transitional period deadline
  • How to organise yourself to make sure everything is done correctly

Click Below for details and to Book.

 

Corporate Governance News
Corporate Governance in 2015 - A New Legal and Regulatory Landscape

The provisions of the new Code of Corporate Governance 2013 came into effect on 1st January 2015. While the majority of provisions have not changed significantly from the original 2010 Code, there have been some notable introductions and as with any new publication that affects how your Firm will operate it is advisable to familiarise yourself with its content.

The same is also true of the new Companies Act 2014. While it was signed into law in December 2014 it is not due to commence until 1st June 2015 however it also contains entire Parts devoted to Corporate Governance that warrant attention. This article will address some of the changes that companies and firms will face as a result of these new legal and regulatory provisons.


Click here for full article
Enforcement
Data Integrity - Provision of Timely, Complete and Accurate Information to the Central Bank
Refresher Series - Central Bank Enforcement Priorities

In its announcement of Enforcement Priorities for 2015, the Central Bank noted that "A number of enforcement cases in 2014 concerned the provision of incomplete/inaccurate regulatory information to the Central Bank by firms. The Central Bank considers this a very serious issue, as the effective prudential supervision of firms is contingent upon the accuracy and completeness of the information available to the Central Bank." 

This article is the first in a series of articles designed to address the Cross-sector Enforcement Priorities of the Central Bank for 2015. This article will focus on data integrity in the context of regulatory obligations on firms and expectations of the Central Bank in this area by looking at relevant enforcement actions and the recent thematic review results.

Click here for full article
Consumer Protection
Code of Conduct on Mortgage Arrears Still at the Forefront

On the 2 April the Central Bank published its quarterly MART Report. Given the clear positive progress evidenced in the report and the impact of the Single Supervisory Mechanism, it is somewhat unsurprising that the Central Bank also published an update on its Supervisory Engagement on Mortgage Arrears on the same day. This article will look at how both publications highlight the continued importance of the 2009 Code of Conduct on Mortgage Arrears and also the notable inclusion of Consumer Protection (including the CCMA) in the Central Bank's enforcement priorities. 


Click here for full article
Funds News
ESMA publishes responses to Consultation on UCITS share classes
The European Securities Markets Authority has published responses received from its public consultation on share classes of UCITS funds. 27 separate responses were submitted, with Irish law firm William Fry and the Irish Funds Industry Association both making submissions. The consultation closed on Friday 27 March 2015.
Click here to access responses
Training
Training May - June 2015
May - June Training Dates now available.

September - December 2015 Dates will be released soon.

Please don't hesitate to contact me for multiple bookings or bespoke training.

Click here for full article
28 April 2015
In This Issue
Corporate Governance News
Corporate Governance in 2015 - A New Legal and Regulatory Landscape
Enforcement
Data Integrity - Provision of Timely, Complete and Accurate Information to the Central Bank
Consumer Protection
Code of Conduct on Mortgage Arrears Still at the Forefront
Funds News
ESMA publishes responses to Consultation on UCITS share classes
Training
Training May - June 2015
Useful Links
Compliance Ireland
Compliance Ireland
Lower Ground Floor
13 Adelaide Road
Dublin 2

T: +353 1 425 5962
E: email@complianceireland.com
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