Irish Funds and Regulatory Update Q2 2023

In this edition we cover updates from the CBI, the Irish Government and the European Union. Our highlights are as follows:

• CBI launches Consultation Paper seeking views on enhanced enforcement process to the Administrative Sanctions Procedure.
• Changes to CBI authorisation process for new fund management, administrator and depositary companies.
• The Irish Government launches public consultation on Ireland’s fund sector.
• ESMA defines Greenwashing.
• ESMA review of Commission Directive 2007/16/EC on UCITS eligible assets.