Securities Market Conduct Supervision 2020

This was a highly attended webcast with over 20 local firms represented, delivered by the Central Bank Wholesale Market Conduct team headed up by Steve Clark.

After revisiting the Five Principles for a properly regulated securities market, the session went on to look at issues of forbearance and market conduct in a COVID-19 environment. In an environment of increasing “WFH” in financial service companies, the Central Bank highlighted the need for individuals to have a full understanding of the risks in their own role.

The Central Bank team also dealt with a range of questions on subjects such as ESMA risk buckets, illiquidity in funds, crypto-currencies and Brexit risks.

At CISI Ireland we were delighted once again to engage with the Central Bank in what continue to be “full house” events in either the virtual or the real world.