The landscape of ESG investment in Ireland is rapidly changing, with regulatory bodies like the Central Bank of Ireland, the European Commission, and the European Securities and Markets Authority (ESMA) developing an increasingly intricate regulatory backdrop. This news was highlighted in the Irish Asset Management & Investment Funds ESG Newsletter for September / October 2023.
Key updates from the Central Bank of Ireland were detailed, which included the latest regulatory expectations on sustainability disclosures following a detailed spot-check review. This suggests a growing emphasis on full transparency in the Investment Funds sector in Ireland.
Driven by the growing importance of environmental, social, and governance concerns in the global investment landscape, this evolving regulatory schema is expected to have far-reaching implications for companies and law firms operating in the Irish funds industry.
Further details, including more precise specifications of the regulatory expectations, will be found in the full newsletter. The newsletter promises to be a valuable resource for legal professionals interested in the ESG landscape in Ireland and the evolving regulatory standards in this area.