Central Bank of Ireland Markets Update Issue 7 2016 - 25 November 2016 Central Bank of Ireland Central Bank published its Feedback Statement in relation to Consultation Paper CP 97 - Consultation on Central Bank Investment Firms Regulation 2015 Central Bank published a notice of intention to amend the requirements for loan origination Qualifying AIF AIFMD Q&A - Twenty-First Edition Published The Central Bank publishes the First Edition of a Transparency Regulatory Framework Q&A CP106: Consultation Paper on the Review of Minimum Competency Code 2011 Address by Martin Moloney, Head of Markets Policy, Central Bank of Ireland at the IOSCO-FSI Seminar on Trading Book Issues and Market Infrastructure in Madrid ESMA (European Securities and Markets Authority) ESMA publishes updated UCITS Q&A ESMA publishes MiFID II Q&As on transparency and market structure topics ESMA Chair says safeguarding investors is key to Capital Markets Union’s success ESMA Chair speaks on improving outcomes for investors in investment funds ESMA responds to Commission’s consultation on potential EU personal pension framework ESMA publishes updated AIFMD Q&A ESMA defines common supervisory approach for CCPs’ service extensions and change of risk models ESMA asks Commission to delay central clearing for small financial counterparties The European Commission invites European Supervisory Authorities to amend PRIIPs rules and develop guidance ESMA updates MAR guidelines on market soundings ESMA consults on transparency rules for package orders under MiFID II ESMA prepares for MIFID II Systematic Internaliser regime Joint ESMA and EBA Guidelines on the assessment of the suitability of members of the management body and key function holders ESMA issues MiFIR reporting instructions ESMA issues Q&As on the implementation of MAR ESMA publishes official translations of MAR guidelines ESMA issues Guidelines on Remuneration Practices under UCITS and AIFMD ESMA publishes updated AIFMD Q&A ESMA consults on requirements for the management of trading venues and reporting services providers ESMA consults on product governance guidelines to safeguard investors ESMA reports on shadow banking, leverage and pro-cyclicality ESMA issues positive opinion on short selling ban by Italian CONSOB ESMA issues final guidelines on commodity derivatives inside information ESMA consults on future reporting rules for securities financing transactions ESMA updates list of recognised third-country CCPs ESMA publishes the responses to the Call for evidence on asset segregation ESMA sees risk outlook deteriorate for EU securities markets ESMA publishes updated UCITS Questions and Answers 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.