The Financial Institutions Group has
in-depth knowledge, expertise and understanding of the Irish financial services
market. This has developed by working with leading national and international
financial institutions over many years. In addition, continuous engagement with
the regulator with respect to a broad range of firms and issues enables us to
proactively advise clients on regulatory expectations and how to effectively
Our diverse and commercially-focused team guides
clients through the most sensitive and complex matters arising from Irish and
EU financial regulation, compliance and risk management requirements and enforcement
issues. We have developed a particular reputation for the commercial and
practical nature of our approach to delivering strategic, technical and
innovative solutions to the issues our clients face.
Our team recognises the speed and volume
of regulatory change in this area, and supports clients across the financial services spectrum in this rapidly
changing environment. Our clients include: MiFID investment firms, fund service
providers (depositaries, administrators and management companies), trading
platforms, intermediaries and brokers, retail credit firms and credit
Our team provides a full range of advice to financial institutions
including advice on compliance with industry guidance, legislation and codes
issued by the Central Bank of Ireland, prudential requirements, authorisation
and licensing issues, asset disposal projects by clients, ongoing compliance
with conduct of business, prudential, consumer protection and other
requirements, anti-money laundering.
with corporate governance reviews, culture and conduct risk review, fitness and
probity issues, including Central Bank interviews, and investigations.
with regulatory change implementation projects for MiFID II, MAR, CRD IV,
Client Asset Regime, 4th ML Directive, AIFMD.
- Carrying out
third party reviews of regulatory compliance by firms of specific requirements.
- Advising on
booking models and restructuring such models in light of Brexit challenges.
with the authorisation of MIFID investment firms, Fund Management companies
obtaining a so called “MiFID Top-Up”, fund depositaries and fund and
administrators and credit servicers.