The CBI has published an updated version 1.9 of AnaCredit Counterparty Template and Rules, effective from 30 September 2024. 

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The CBI has published an updated version 2.6 of Central Credit Register Guidance, effective from 31 October 2024.

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On 30 September  2024, the CBI published an updated version of the registration form and guidelines for Financial Vehicle Corporation returns (SPE), which will take effect on 31 December 2024.

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On October 3, 2024 the Irish Revenue Commissioners ("Revenue") updated "Filing Guidelines for DAC2-Common Reporting Standard (CRS) Part 38-03-26." Section 7.5 "Rescountrycode - Entity Accounts that are CRS Reportable Person Accounts" has been added with additional clarification on ResCountryCode.

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On September 26, 2024, the CBI announced the temporary discontinuation of four validations for the Minimum Capital Requirement AIFMs and UCITS Managers module in the CBI taxonomy.

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Overview: The Central Bank of Ireland is the competent authority in Ireland for the Market Abuse Regulation (MAR), Regulation (EU) 596/2014 [pursuant to Regulation 3 of the European Union (Market Abuse) Regulations 2016 [S.I. No. 349 of 2016)]. MAR has been transposed into Irish law, and the following description is on the central bank’s web site.

The Central Bank has issued three industry letters to relevant market participants: 1. Persons who transmit or execute orders, 2. Issuers and 3. Persons who act on behalf or on account of issuers (Advisors). Each letter provides an overview of the key findings from the central banks' 2020 market abuse supervisory work. It also sets out the central bank’s expectations in relation to MAR compliance standards (building on its 2021 industry communications, including Securities Markets Risk Outlook Report). 

MAR requires natural and legal persons who professionally receive and transmit orders or execute transactions to implement effective organizational arrangements to detect suspected incidences of market abuse. They are also required to submit to the central bank consequential suspicious transaction and order reports (STORs). These requirements apply to all relevant persons, whether or not they are authorized by the central bank or otherwise subject to central bank regulation.

MAR requires issuers of equities and other financial instruments to make public, as soon as possible, inside information concerning the issuer or instrument. Issuers are companies that issue transferable securities such as shares or bonds. MAR applies, inter alia, to issuers with transferable securities listed or traded on Regulated Markets, Multilateral Trading Facilities and Organized Trading Facilities within the EU.

Issuers and entities who act on their behalf or account must maintain insider lists specifying persons with access to the issuer’s inside information. Entities who act on behalf of issuers include a wide range of professional advisors such as corporate brokers, auditors, public relations firms, accountants and solicitors.

The central bank conducts thematic reviews to identify adverse risks, practices and trends, and to facilitate the issuance of further guidance or direction to industry in addition to initial remedial action against non-compliant entities or persons. This thematic review was flagged most recently in the Central Bank’s Securities and Markets Risk Outlook Report published in February 2021.