Finance Law and Banking Law

The Central Bank of Ireland has completed its review of delegation practices across fund management companies, examining how the sector's dramatic growth to €5.6 trillion in assets has impacted oversight and governance frameworks. With 9,000 authorized funds now supported by 121 FMCs, the regulator has identified both effective practices and areas requiring enhancement across five critical operational domains. FMCs must now benchmark their policies against these supervisory expectations and implement

On 5 May 2026, the Central Bank of Ireland (“CBI”) finalised its comprehensive updates and enhancements to Ireland’s regulatory framework for alternative investment funds (“AIFs”), including removing...

The Central Bank of Ireland has issued important clarification on the authorisation pathway for open-ended loan-originating alternative investment funds (LO AIFs) structured as Qualifying Investor AIFs. This guidance addresses how Irish and EU-authorised AIFMs can navigate the regulatory framework established under AIFMD II, while also outlining the Central Bank's expectations regarding adherence to ESMA's regulatory technical standards for liquidity management and redemption policies.

Rob Cain and Sarah Thompson examine the implications of Ireland's transposition of CRD VI Article 21c, focusing on cross-border lending challenges, reverse solicitation exemptions, and grandfathering provisions.

The European Commission has unveiled a comprehensive Communication addressing the structural challenges that limit EU banking sector competitiveness, proposing sweeping reforms to prudential regulation, cross-border integration, and regulatory complexity. With formal legislative proposals expected in Q1 2027, this initiative represents one of the most ambitious banking regulatory reform packages in recent EU history, fundamentally reshaping how banks operate across member states.

The statutory instrument transposing the Capital Requirements Directive (EU) 2024/1619 (“CRD VI”) into Irish law has been published.

This April 2026 edition of The CLOser newsletter provides comprehensive insights into the collateralized loan obligation market, featuring US and European market reviews, global listing updates...

The European ETF market has grown significantly, with over $2 trillion in ETFs domiciled in Ireland alone. However, launching ETFs across Europe involves navigating a complex landscape of regulators, exchanges...

Progress made on the Level 2 measures required to fully implement the EU Listing Act package but some key measures have not yet been published.

The European Commission has adopted two delegated acts as part of the CSRD simplification under the Omnibus I package...

The European Union's EMIR 3.0 framework introduces significant changes to counterparty risk management and central clearing requirements. How will these amendments to the UCITS Directive, CRD IV, and Investment Firms Directive reshape derivative transaction risk limits and CCP concentration risk monitoring? What specific obligations now face credit institutions, investment firms, and competent authorities under this new regulatory regime?

Ireland is a leading jurisdiction for the establishment of special purpose vehicles (SPVs) for synthetic securitisations and significant risk transfer transactions. The unrivalled strength of our Capital Markets, Tax, Financial Regulation and Listing capabilities makes Arthur Cox a market leader in this area.