Regulatory Compliance

We can assist clients scope, implement and monitor wide-ranging regulatory compliance deliverables.

Lead and / or contribute to:

Viability assessments of Ireland as a location for financial services firms.

Applications for authorisation in Ireland as a regulated financial services firm.

Proposed amendments to existing licences / regulatory approvals.

Representation at regulatory bodies:

Preparation and support for responses to and reviews / inspections by regulatory bodies.

remediation of supervisory comments and administrative sanctions.

Recent instructions include:

1) Assistance to a multi-lateral trading facility ("MTF") in achieving its MIFID authorisation over several months and serving as its temporary Chief Compliance Officer / Chief Risk Officer until an appropriate full-time appointment was made post-authorisation;

2) Assistance to European start-up, offering a private wealth FinTech solution aimed at the retail market, seeking authorisation for the MiFID services of “investment advice” and “reception and transmission”;

3) Advices to a UK FinTech seeking to establish in Ireland offering the MIFID service of “investment advice” and “reception and transmission";

4) Leading the MIFID authorisation of a proprietary trading firm;

5) Advices to several financial service providers (investment firms, electronic money institutions and payments firms) with regard to their outsourcing arrangements; and

6) Establishment and maintenance of EEA “regulatory watch” scoping obligations under MiFID II / MiFIR (including the proposed revised prudential framework for Investment Firms), EMIR, CRD IV / CRR and Central Bank of Ireland guidelines.