Central Bank of Ireland Markets Update Issue 1 2016 - 23 February 2016 Central Bank of Ireland The Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1) Investor Money Regulations 2015 for Fund Service Providers – SI 105 of 2015 (“Investor Money Regulations”) CP101: Consultation on a Capital Requirement Framework for Market Operators New Procedures for Disclosure of Home Member State under Transparency (Directive 2004/109/EC) Regulations 2007 (as amended) ESMA (European Securities and Markets Authority) ESMA adds list of clearing members to its public register on EMIR ESMA publishes transactions of its Transparency Directive standard form for home Member State disclosure ESMA updates EMIR Q&A ESMA issues follow-up review on money market fund guidelines ESMA announces Open Hearing on MAR guidelines ESMA resumes US CCP recognition process following EU-US agreement ESMA publishes responses to the Consultation on PRIIPs Key Information Documents ESMA publishes responses to the Consultation on access, aggregation and comparison of TR data ESMA assesses Turkish laws and regulations on prospectuses ESMA updates its EMIR Q&A ESMA publishes responses to the EMIR Consultation on MPOR client accounts ESMA issues opinions on UK pension schemes to be exempt from central clearing under EMIR ESMA issues technical standards on settlement discipline under CSDR ESMA publishes consolidated UCITS Q&A ESMA updates registers under MiFID and Short Selling Regulation ESMA consults on MAR guidelines regarding market soundings and delayed disclosure of inside information ESMA publishes letter from European Commission on AIFMD passport ESMA issues negative opinion on extending Greek short selling ban ESMA assesses regulators’ compliance with market maker exemption under Short-Selling Regulation Watch the Public Hearing on KID for PRIIPs ESMA consults on transaction reporting, reference data, record-keeping and clock synchronisation under MiFIR ESMA publishes results of second Market Abuse Directive peer review ESMA issues favourable opinion extending Greek HCMC short selling ban ESMA publishes responses to the Consultation on indirect clearing under EMIR and MiFIR ESMA publishes Final Report on MiFID II Guidelines on assessment and knowledge of competence ESMA sees continued high levels of risk in financial markets ESMA publishes updated CRA Q&A ESMA publishes updated AIFMD Q&A ESMA updates its Q&A document on prospectus related issues Report on investment firms ESMA issues standards on reporting, cooperation & suspensions under MiFID II ESMA consults on improved access to trade repository data ESMA seeks candidates for its stakeholder representative group EBA consults on draft guidelines on implicit support for securitisation transactions Please note that this Markets Update is intended to be a general summary only and does not purport to constitute an interpretation of, or the Central Bank’s position on, any of the legislative provisions, rules, requirements or guidance referenced herein. In case of any doubt, you should refer to the relevant legislative provision, rule, requirement or guidance document as applicable. The staff of the Central Bank are not authorised and cannot give you legal advice; you should seek this from your own legal advisor, if required.