Central Bank of Ireland Markets Update Issue 8 2019 - 09 September 2019 Central Bank of Ireland Central Bank publishes Consultation Paper in relation to ‘Regulatory Framework for the Treatment, Correction and Redress of Errors in Investment Funds’. Letter to Fund Management Companies on liquidity management European Single Electronic Format (ESEF) Regulation The Central Bank has updated its website to include references to the recently published Irish UCITS and AIFM Statutory Instruments. Benchmark Administrator application forms EBA Guidelines on outsourcing arrangements Preventing Money Laundering and the Financing of Terrorism Can Help Save Lives - Director General, Financial Conduct Derville Rowland European Securities and Markets Authority (ESMA) ESMA consults on MiFID II compliance function requirements ESMA issues opinions on product intervention measures by Bulgaria, Denmark and Croatia ESMA updates Q&As on MiFIR data reporting ESMA issues opinions on product intervention measures by Germany, Hungary, Malta and Poland ESMA publishes responses to its Consultation on reporting guidelines under SFTR ESMA publishes responses to its EMIR 2.2 Consultations ESMA ceases renewal of product intervention measures relating to contracts for differences MiFID II: ESMA publishes data for the systematic internaliser calculations for equity, equity-like instruments and bonds MiFID II: ESMA makes new bond liquidity data available ESMA calls for data experts to join industry advisory group MiFID II: ESMA issues latest double volume cap data ESMA issues opinions on product intervention measures by Slovenia ESMA strengthens liquidity stress tests for investment funds ESMA publishes stress simulation framework for investment funds ESMA published responses to survey on short-termism in the financial sector ESMA issues latest double volume cap data 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.