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CSSF Issues FAQ On Tokenisation Of Luxembourg Funds
Luxembourg's financial regulator CSSF has issued new guidance clarifying how investment funds can natively issue units and shares using distributed ledger technology. The FAQ addresses critical questions about the interaction between traditional fund administration roles and blockchain-based control agents, while establishing compliance requirements under DORA regulations. What operational models and regulatory obligations must fund sponsors navigate when tokenizing Luxembourg UCIs?
Luxembourg Finance
D
Dechert
Article
CBI Consults On Third-Party Risk
The Central Bank of Ireland has published a consultation paper proposing new guidance on managing third-party risks that extends beyond traditional outsourcing to encompass partnerships, joint ventures, and fintech collaborations. The proposed framework aligns with recent European Banking Authority guidelines and DORA, introducing a lifecycle-based approach with enhanced contractual provisions and broader scope than the 2021 guidance it will replace. Financial entities now face the challenge of identifying
Ireland Finance
WF
William Fry
Article
ORESS 2027: New Rules Beyond Price
Ireland's Department of the Environment, Climate and Communications has proposed sweeping changes to offshore renewable energy auctions that would transform how projects qualify for support. Unlike previous schemes where price determined winners, developers bidding for the Lí Ban offshore wind site must now satisfy mandatory environmental, cybersecurity, and supply chain criteria before competing on price. Will these new requirements successfully reduce European dependence on third-country suppliers wh
Ireland Energy
WF
William Fry
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