Central Bank of Ireland Markets Update Issue 8 2023 - 04 October 2023 Central Bank of Ireland Remarks by James O’Sullivan at the Certified Institute of Fund Directors Annual Conference on 29 September 2023 Central Bank updated Guidance on Orion applications on Central Bank website Crowdfunding Service Providers: updated Questions and Answers published (3rd Edition July 2023) European Securities and Markets Authority (ESMA) ESMA to launch Common Supervisory Action on MiFID II sustainability requirements ESAs publish Joint Committee Work Programme for 2024 ESMA finds increase in use of ESG-related language in the EU fund industry Inclusion of South Africa on AML blacklist requires ESMA to withdraw the recognition decision of JSE Clear ESAs specify criticality criteria and oversight fees for critical ICT third-party providers under DORA ESAs analyse the extent of voluntary disclosure of principal adverse impacts under the SFDR ESMA Work Programme 2024: focus on digital change and the green transition ESAs publish Report on the landscape of ICT third-party providers in the EU ESMA provides overview of EU securitisation markets ESAs warn of risks resulting from a fragile economic outlook ESMA updates the European Single Electronic Format Reporting Manual ESMA sees prevailing market uncertainty as downside risks rise ESA’s Joint Board of Appeal dismisses appeal by Euroins Insurance Group AD against the European Insurance and Occupational Pensions Authority ESMA publishes data for quarterly bond liquidity assessment, the systematic internaliser calculations and the CTP calculations ESMA and the EBA assess the implementation of the revised Shareholder Rights Directive and identify areas for progress Inclusion of the United Arab Emirates on AML blacklist requires ESMA to withdraw the recognition decisions of three CCPs ESMA proposes revised technical standards on anti-procyclicality margin measures ESMA performs an analysis of the cross-border investment activity of firms ESMA publishes 2022 UCITS and AIFMD sanction reports 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.