Ireland:
Transposition Of Credit Servicers Directive In Ireland – Overview
To print this article, all you need is to be registered or login on Mondaq.com.
On 29 December 2023, the Minister for Finance signed the
European Union (Credit Servicers and Credit Purchasers) Regulations
2023 (the "Regulations") into law,
thereby transposing the Directive on credit servicers and credit
purchasers (Directive (EU) 2021/2167) (the
"CSD") into Irish law, with effect from
30 December 2023.
In keeping with the approach previously indicated by the
Department of Finance, the Regulations confirm that the existing
Irish domestic credit servicing regime (the "Domestic
Regime") provided for under the Central Bank Act 1997
(as amended) (the "CBA 1997") will
operate in parallel with the regime provided for by the Regulations
(the "CSD Regime").
Click here to view advisory
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from Ireland
Asset Recovery Comparative Guide
Bird & Bird
Asset Recovery Comparative Guide for the jurisdiction of UK, check out our comparative guides section to compare across multiple countries
FCA's Consultation Paper
Cadwalader, Wickersham & Taft LLP
Since 3 January 2018, firms that provide portfolio management or investment advice on an independent basis must pay for the research they obtain...
AIFMD II: Main Amendments
Kromann Reumert
The directive amending the Alternative Investment Fund Managers Directive ("AIFMD II") has been adopted and will enter into force on 15 April 2024 with a transposition deadline two years later...
To The Point: Financial Regulation | 03/2024
Schoenherr Attorneys at Law
Welcome to our to the point newsletter. Every month, we are looking back at the most relevant developments in the area of financial regulation in the CEE region.