On 30 August 2024, the Department of the Environment, Climate and Communications published the General Scheme for the National Cyber Security Bill 2024 (CSB).

Don’t panic if you are called for interview by the Central Bank of Ireland (the “CBI”) as part of your application for approval for a pre-approval controlled function role (a “PCF role”). The CBI has clarified that “an interview by the Central Bank should not be viewed as a negative indicator.”

Following a consultation process on amendments to the Fitness and Probity (“F&P”) regime (“CP160”) which concluded in July 2025, the Central Bank of Ireland (the “CBI”) has published three further key documents in relation to the F&P review: • a Feedback Statement on CP160 (the “Feedback Statement”) (here); • revised Guidance on the Standards of Fitness and Probity (the “F&P Standards”) (here) (effective from 20 November 2025) (the “Finalised Guidance”); and • consolidated Fitness and Probity Standards - Code issued under Section 50 of the Central Bank Reform Act 2010 (here).

DORA introduces various requirements for the management of ICT third-party risk and financial entities should start reviewing their contractual arrangements and documentation in preparation for its application.

The CRO have restored the status of the companies effected and have ceased the involuntary strike-off process, pending a full review.

The Data Protection Commission (“DPC”) recently published its 2022 annual report (the “Report”) covering its regulatory activities between 1 January 2022 and 31 December 2022.

On 20 February 2023, the Central Bank of Ireland (the “CBI”) issued a notice entitled: ‘Process clarifications for UCITS and AIFs pre-contractual documentation updates in relation to the Commission Delegated Regulation (EU) 2023/363’ (the “Notice”).

Read the Legislation and Regulation update in the Irish Agenda on Winter ready? New energy performance of buildings regulations. In July 2022, the European Union (Energy Performance of Buildings) Regulations 2022 (the 2022 Regulations) were published.

Read the Not for Profit in the Irish Agenda on the new rules for trustees to establish beneficial ownership register.