In this episode of our Podcast series, our financial services regulatory experts, Ciaran Walker and Simon Collins, together with our employment law experts, Ben Conway and Sophie White discuss the Central Bank (Individual Accountability Framework) Act 2023. The Central Bank of Ireland published, for public consultation, its detailed draft implementing Regulations and Guidance under the new Individual Accountability Framework. The CBI’s consultation document states that the conduct standards and Fitness & probity changes (including the new certification requirements) are expected to apply from 31 December 2023, and SEAR from 1 July 2024. Accordingly, firms need to prepare now for this major change to the regulation of financial services in Ireland. This podcast outlines the key elements of the new regime and the issues in the CBI’s Consultation that firms and individuals need to be aware of now to prepare effectively for the new regime.

In this episode of our Podcast series, Graham Kenny, a partner in our litigation team talks with Cathy Shivnan and John Kennedy SC about the role of the newly established Corporate Enforcement Authority (“CEA”). Cathy is the Director of Insolvency Supervision at the CEA, while John is a senior counsel barrister practicing in the area of commercial litigation. The CEA is now the competent authority in Ireland for the investigation of breaches of the Companies Acts and the taking of necessary enforcement actions.

Tim Kiely, Partner, and Melissa Daly, Senior Associate, discuss the background of DAC6, the reporting deadlines, the responsibilities of taxpayers and intermediaries, the impact of legal profession privilege when it applies to a transaction and a final view on the implementation of DAC6 from an Irish perspective. To claim CPD points please listen on Litmos at: https://eversheds-sutherland.litmos.com/self-signup/ Podcast enquiries: [email protected]

Norman Fitzgerald, Partner, and Barbara Galvin, Senior Associate are joined by Seán O’Sullivan BL to discuss the impact of Covid-19 on businesses, with a particular emphasis on the duties of directors in difficult trading times. They touch on the restriction of directors and reckless trading, as well as discussing the advantages of examinership as a means of right-sizing businesses. Due to recent developments with regard to CPD compliance, in order to claim CPD points for this podcast (or any of our exisiting podcasts) you will now need to visit our Litmos platform and listen to the full audio there. For podcast enquiries, please contact [email protected]

Sean Ryan, Partner and Chair of our Brexit committee is joined by Katie Daughen from the British Irish Chamber of Commerce. They discuss the Brexit transition period, the importance of services in trade and the upcoming trade negotiations between the EU and the UK and more relevant Brexit-related topics. 

Joanne Hyde, Partner and Head of Employment and Julie Galbraith, Employment Senior Associate, are joined by Bernadette Treanor, CEO Beo Solutions. They discuss relationships in the workplace and the legal/HR issues arising from both consensual and non-consensual sexual behaviour in work. They discuss the #MeToo movement impact on employment issues and attitudes to sexual harassment at work.

Lee Murphy, Corporate Partner and Head of Capital Markets is joined by Orla O’Gorman, Head of Equity Listing Ireland, Euronext. Lee and Orla take a look at Euronext Dublin and discuss the equity markets and their role in providing finance and other benefits to companies to support them through the next stages of their development. They also discuss the IPO Ready programme and talk about trends, challenges and developments generally in the sector.

Deborah Hutton, Partner and Head of Asset Management & Regulation is joined by Richard Dinn, Global Head of Sales, Apex Group to discuss recent trends in cryptofunds and how service providers, as thought leaders, are considering how to best address custody and valuation risks and how this can have potentially wider benefits as the market increases its understanding of this asset class.

Deborah Hutton, Partner and Head of Asset Management & Regulation is joined by Pierangelo Rosati, Assistant Professor of Business Analytics at DCU Business School to discuss the potential implications of Brexit on the Irish financial services sector and Fintech. 

Piaras Power, Head of Banking & Financial Services talks to Michael Broderick, Interim CEO at Home Building Finance Ireland (HBFI). They discuss the state of the residential development funding market in Ireland today and in particular to understand the challenges that are facing developers that are looking to bring stock in to the market.