Central Bank of Ireland Markets Update Issue 4 2023 - 24 March 2023 Central Bank of Ireland The Central Bank publishes a notice of intention in relation to the application of the ESMA Guidelines on stress test scenarios under the Money Market Fund (MMF) Regulation The Central Bank updates its guidance in relation to PRIIPs KIDs Central Bank publishes 38th Edition of the Central Bank UCITS Q&A Document Common Supervisory Action on Costs and Fees Changes to the Fitness & Probity application process – March 2023 “The importance of enhanced diversity and inclusion within the financial services sector” – Remarks by Deputy Governor Derville Rowland at Walkers Ireland “Review of the Consumer Protection Code: securing customers’ interests” – Remarks by Gerry Cross, Director of Financial Regulation – Policy & Risk at Insurance Ireland – KPMG Briefing Session European Securities and Markets Authority (ESMA) ESMA finds that MCM had no measurable impact on financial markets under current market conditions ESMA publishes the results of the annual transparency calculations for equity and equity-like instruments ESMA and ACER update Memorandum of Understanding to strengthen cooperation ECB and the ESAs call for enhanced climate-related disclosure for structured finance products ESMA raises concerns with the proposed changes to the insider list regime 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.