A round-up of EU financial services developments.

A round-up of EU financial services developments.

WARNING These template replies to enquiries are intended only as a framework and starting point to assist the Seller in building their bespoke replies to enquiries. They are not a recommended, comprehensive or conclusive list and should not be used without careful consideration and bespoke amendment to suit the particular transaction. The replies given to enquiries before contract are representations made by the seller to the buyer and the buyer is entitled to rely on them in deciding whether or not to proceed with the transaction. It is imperative that they are correctly tailored to the specific matter and do not include any false or flippant statements. They should also not contain any generic statements, such as ‘Not to the Seller’s knowledge’, unless the Seller has made an effort to discover a more comprehensive answer to the enquiry. Such a response contains within it an implication that the Seller has itself made reasonable enquiries relation to the enquiry in question. You must stress

A round-up of financial services developments.

Ireland-Finance and Financial Services analysis: This article, was written by A&L Goodbody’s Asset Management and Investment Funds Team. Loan-originating AIFs, fund names guidelines, ESMA AIFMD Q&A, sustainable finance, sustainability reporting, costs and performance of EU retail investment products, MMFs, EMIR 3.0, T+1, FSB and International Organization of Securities Commissions (IOSCO) on liquidity.

The Welsh Government has published comprehensive risk guidance for Registered Social Landlords (RSLs) in Wales, highlighting new Welsh Housing Quality Standard requirements effective from 1 April 2026 mandating 24-hour investigation of damp and mould hazards with imminent harm risk. It sets out the principal risks facing the sector and expects boards to respond through strong governance, robust financial management and effective risk oversight. The guidance identifies a challenging operating environment shaped by economic uncertainty, inflation, high borrowing and operating costs, and policy change, requiring prudent financial planning, stress testing, and careful balancing of investment between new development, existing homes and tenant services, while maintaining affordability and income stability.

This week’s edition of Insurance & Reinsurance weekly highlights includes: NFU Mutual sued for £10.5m over coronavirus (COVID-19) business losses; why Ukraine aircraft insurance case failed to take off in UK; government launches review of personal injury compensation rate; ABI and insurtech trade group agree to co-operate on innovation; Insurance Europe sets out its priorities for the EU; consumer complaints soar about insurers delaying payouts; PRA outlines next steps for the 2025 dynamic general insurance stress test; cases & decisions; key dates for your diary; and other news highlights reported over the past week.

The Commodity Futures Trading Commission (CFTC) requested feedback on the use of tokenised collateral and stablecoins in derivatives markets. In its response, the International Swaps and Derivatives Association (ISDA) highlighted that tokenisation could significantly improve collateral mobility, liquidity management, and operational efficiency through near-instantaneous settlement and automation. ISDA noted that these innovations may reduce counterparty and settlement risk, lower transaction costs, and enhance resilience during market stress. It also identified potential applications, such as tokenised money market funds and other eligible assets, which could streamline collateral processes and support 24/7 trading.

Human Rights Watch has published a statement raising concerns about the UK government’s plan to use artificial intelligence (AI) facial recognition technology to assess the age of asylum-seeking children. The government announced on 22 July 2025 that it intends to pilot the technology in 2026, citing cost-efficiency as a key factor. Human Rights Watch notes that facial age estimation tools have not been independently validated for use in immigration contexts and may not reliably account for the physical effects of trauma, malnutrition, and stress, which can influence a child’s appearance. The organisation highlights the potential consequences of misclassification, including denial of protections afforded to minors.

A round-up of EU financial services developments.

A round-up of EU financial services developments.

The Chartered Institute of Building (CIOB) has announced that it has published its new CIOB Planning Protocol 2021 (CIOB PP21), which is a tool designed for construction parties to allow them to check that their construction programmes are ‘precise and of high-quality at every stage’. Two years in the making, CIOB PP21 intends to ‘aid users in understanding of the requirements of an effective programme and act as planning guidelines which, if followed, allow the thresholds (stress tests) to be met'. The CIOB explained that CIOB PP21 differs from existing planning guides which are 'predominately software-focussed assessments of the programme'.