Central Bank of Ireland Markets Update Issue 1 2019 - 16 January 2019 Central Bank of Ireland The Central Bank publishes the sixth edition of the Investment Firms Q&A CFDs and Binary Options – Central Bank product intervention powers FCA announces window for notifications under their temporary permissions regime European Securities and Markets Authority (ESMA) ESMA report finds investment product performance highly impacted by charges ESMA is seeking corporate reporting experts for stakeholder panel Crypto-assets need common EU-wide approach to ensure investor protection ESMA provides standards on supervisory cooperation under the Securitisation Regulation ESAs publish joint report on regulatory sandboxes and innovation hubs ESMA updates its Q&As on MiFID II and MiFIR commodity derivatives topics ESMA updates its Q&As on MiFID II and MiFIR transparency topics Notice of ESMA’s Product Intervention Renewal Decision in relation to binary options ESMA amends guidelines on the application of C6 and C7 under MiFID II ESMA consults on guidelines on settlement fails reporting and standardised procedures and messaging protocols under CSDR ESMA withdraws the registrations of S&P Italy and S&P France following merger ESMA issues guidelines on non-significant benchmarks ESMA provides update on assessment of third-country trading venues for the purpose of post-trade transparency and position limits ESMA to renew restrictions on CFDs for a further three months from 1 February 2019 ESMA is ready to review UK CCPs’ and CSDs’ recognition applications for a no-deal Brexit scenario ESMA tells firms to provide clients with information on the implications of Brexit ESMA consults on measures to promote sustainability in EU capital markets ESMA updates its Q&As regarding the Benchmark Regulation ESMA updates Q&A on implementation of CRA Regulation ESAs publish joint EMIR STS standards ESMA registers DBRS Ratings GmbH as credit rating agency ESMA publishes final report on the tick size regime ESMA publishes the responses to its Consultation on stress testing guidelines for Money Market Funds European Banking Authority (EBA) EBA reports on crypto-assets EBA publishes response to letter received on reclassification of grandfathered own funds instruments The EBA calls for more action by financial institutions in their Brexit-related communication to customers 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.