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.”

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.

Businesses and communities are dealing with many COVID-19 related issues that are causing severe business disruption. The Irish government has been swift to introduce new measures to mitigate the effects of COVID-19 on business.

On 17 January 2023, Getty Images announced that it had initiated High Court proceedings in London against Stable Diffusion Limited for copyright infringement. Separately, a class action lawsuit has been launched in California against the generative AI systems Stability AI, Midjourney and Deviant Art.

We now look at how ESG (Environment, Social, Governance) reporting is linked to modern slavery.

Assuming the FCA and PRA’s proposals move forward given the government’s decision to pause new regulations for a non-financial reporting review, the Institute has responded to the consultation.

Valentina Dotto, Policy Adviser at CGIUKI, reflects on why the latest Gender Diversity in AIM Company Boards report exposes a market stuck on progress, why board diversity matters for effective governance and competitiveness, and why deliberate action is now essential if AIM companies are to close the widening gap with the FTSE 350.

Of general interest to all members.