Ireland—Banking & Financial Services analysis: This article was written by A&L Goodbody’s Asset Management and Investment Funds team. It covers revised guidelines on liquidity management tools (LMTs), new Undertakings for Collective Investment in Transferable Securities (UCITS) and Alternative Investment Fund Managers Directive (AIFMD) Q&As, the Retail Investment Strategy, the European Securities and Markets Authority’s (ESMA) principles on risk-based supervision, an EU venture and growth funds review, sustainability-related claims, the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), the EU Taxonomy, climate transition benchmarks (CTBs), defence and sustainable finance, cross-border marketing of funds, the European Market Infrastructure Regulation (EMIR III), and anti-money laundering, countering the financing of terrorism and financial sanctions (AML/CFT/FS) developments.