Central Bank of Ireland Markets Update Issue 4 2021 - 12 March 2021 Central Bank of Ireland Sustainable Finance Disclosure Regulation (SFDR) Central Bank letter to fund management companies Opening Statement by Ms Derville Rowland, Director General, Financial Conduct at Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach European Securities and Markets Authority (ESMA) ESMA issues latest double volume cap data ESMA proposes improvements to Transparency Directive after Wirecard case ESMA supports increasing corporate transparency through the creation of ESAP ESMA publishes the results of the annual transparency calculations for equity and equity-like instruments ESMA proposes rules for Taxonomy-alignment of non-financial undertakings and asset managers ESMA delivers statement on Cum-Ex/Cum-Cum at EP Subcommittee on Tax Matters ESMA updates Q&AS, templates and technical instructions for securitisation reporting ESMA consults on regulating crowdfunding ESAs issue recommendations on the application of the Regulation on sustainability-related disclosures ESMA consults on methodology to calculate a benchmark in exceptional circumstances ESMA publishes first Q&As on crowdfunding ESMA publishes Guidelines to harmonise CCP supervisory reviews and evaluation under EMIR ESMA publishes second Annual Report on waivers and deferrals for non-equity instruments Steven Maijoor delivers statement on GameStop at the ECON Committee 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.