Practices

Financial Services Regulation

Our expertise:

We help clients deal with the myriad of complex regulatory and compliance issues that arise in the area of financial services. This includes advising them on their interactions with the Central Bank of Ireland. We provide advice on authorisation, supervisory engagement and the administrative sanctions process, regulatory capital treatment of structured products and debt instruments, provision of retail and wholesale financial services over the internet, insider dealing and market abuse issues, consumer credit matters and anti-money laundering issues.

Our clients include retail and wholesale banks, MiFID firms, payment institutions, retail credit firms, credit servicing firms, brokers and other intermediaries. We have advised and assisted many international banks and other financial services businesses establish operations, such as branches and regulated subsidiaries, in Ireland.

Key areas:

• Authorisation of financial services businesses and other licensing issues
• Capital structures, regulatory capital and reserve requirements
• Corporate governance and internal control requirements 
• Remuneration regulation
• Conduct of business advisory compliance
• Compliance assurance reviews
• Fitness and probity and corporate governance requirements
• Change of control and acquiring transaction notifications
• Purchase and sale of loan portfolios and other financial assets, due diligence exercises
• Regulatory investigations, including the administrative sanctions process
• Regulatory reporting obligations to the Central Bank of Ireland
• Distribution arrangements for financial products and services
• Financial e-commerce, payment and mobile banking services
• The structuring and distribution of new and innovative products
• Financial services compliance support (for further information, please download pdf)
• FinTech