Central Bank of Ireland Markets Update Issue 1 2020 - 29 January 2020 Central Bank of Ireland Central Bank publishes the Twenty-Eighth Edition of the Central Bank UCITS Q&A Document Legislative Amendments to Companies Act 2014, European Union (Prospectus) Regulations 2019 and Prospectus Regulation (EU) 2017/1129 Central Bank publishes the First Edition of the Central Bank European Market Infrastructure Regulation Questions and Answers Document Securities Markets Conduct Risk. Industry Communication, January 2020 European Securities and Markets Authority (ESMA) ESMA announces open hearing on its Consultation on Internal Controls for CRAs ESMA publishes responses to joint consultation paper on PRIIPs KID ESMA consults on the use of No Data options in securitisation reporting ESMA publishes responses to its consultation on MiFID II review report on position limits ESMA starts publishing questions received through its Q&A process ESMA report values EU Alternative Investment Funds at €5.8 trillion MiFID II: ESMA issues latest double volume cap data ESMA announces key priorities for 2020-22 ESMA clarifies rules for CCPs’ membership criteria and due diligence ESMA assesses EU financial market impact of circuit breakers ESMA clarifies SFTR reporting ESMA extends recognition decisions for 3 UK CCPs in the event of a no-deal Brexit ESMA: EU issuers need to improve their disclosure of alternative performance measures ESMA updates ISO 20022 XML schemas for SFTR Reporting ESMA provides updated XML schema and reporting instructions for securitisation reporting ESMA updates ESEF XBRL taxonomy files to facilitate implementation of the ESEF regulation ESMA announces MiFID scheduled publication dates for 2020 ESMA: further action needed on fees for credit ratings and Trade Repository services ESMA proposes strengthened rules to address undue short-termism in securities markets International Organization of Securities Commissions (IOSCO) IOSCO launches framework for monitoring leverage in funds that may pose stability risks 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.