Glossary

AG

Attorney General

AI

Artificial Intelligence

AIFs

Alternative Investment Funds

AIFM

Alternative investment Fund manager

AIFMD

Alternative Investment Fund Managers Directive - Directive (EU) 2011/61

AIFMD 2.0

Directive amending the Alternative Investment Fund Managers Directive – Directive (EU) 2024/927

AML

Anti-Money Laundering

AMLA

Anti-Money Laundering Authority

APs

Authorised Payments

ARTs

Asset Reference Tokens

B2B

Business-to-Business

B2G

Business-to-Government

BEFIT

Business in Europe: Framework for Income Taxation

BRIS

Business Registers Interconnection System

CASPs

Crypto-Asset Service Providers

CBAM

Carbon Border Adjustment Mechanism

CCCTB

Common Consolidated Corporate Tax Base

CCPC

Competition and Consumer Protection Commission

CCPs

Central Counterparties

CCTB

Common Corporate Tax Base

CEA

Corporate Enforcement Authority

CEF

Co-ordinated Enforcement Network

Central Bank

Central Bank of Ireland

CF

Controlled Function

CFI

Certified Financial Intermediary

CFT

Countering the Financing of Terrorism

CIRI

Construction Industry Register Ireland

CJEU

Court of Justice of the European Union

CMDI

Crisis Management and Deposit Insurance

Coimisiún na Meán

Media Commission of Ireland

Commission

European Commission

Compass

EU Competitiveness Compass

Council

Council of the European Union

CPC

Consumer Protection Code

CP 158

Consultation Paper on the Consumer Protection Code

CRD VI

Credit Requirements Directive amending Directive 2013/36/EU – Directive (EU) 2024/1619

CRO

Companies Registration Authority

CRR III

Capital Requirements Regulation III – Regulation (EU) 2024/1623

CRU

Commission for Regulation of Utilities

CSA

Common Supervisory Action

CS3D

The Corporate Sustainability Due Diligence Directive – Directive (EU) 2024/1760

CSDs

Central Securities Depositories

CSRD

Corporate Sustainability Reporting Directive - Directive (EU) 2022/2464

CTB

Climate Transition Benchmark

CTTPs

Critical ICT Third-party Service Providers

DAC

Designated Activity Company

DAC8

Proposal to amend Directive 2011/16/EU on Administrative Co-operation

DAC9

Proposal to amend the EU Directive on Administrative Co-operation - Directive (EU) 2023 / 2226

Dáil Éireann

The lower house and principal chamber of the Oireachtas, the Irish legislature

DETE

Department of Enterprise, Trade and Employment

DG FISMA

Directorate-General for Financial Stability, Financial Services and Capital Markets Union

DMA

Digital Markets Act

DHDA

Digital Hub Development Agency

DMAPs

Designated Maritime Area Plans

DNSH

Do No Significant Harm

DORA

Digital Operational Resilience Act - Regulation (EU) 2022/2554

DPAs

Data Protection Authorities

DPC

Irish Data Protection Commission

DPF

Data Privacy Framework

DPO

Designated Public Officials

DRR

Digital Reporting Requirements

DSA

Digital Services Act

DSARs

Data Subject Access Requests

EAD

UCITS Eligible Assets Directive - Directive 2007/16 / EC

EBA

European Banking Authority

ECB

European Central Bank

ECHR

European Convention on Human Rights

ECOFIN

Economic and Financial Affairs Council

EDPB

European Data Protection Board

EEA

European Economic Area

EIOPA

European Insurance and Occupational Pensions Authority

EMFA

European Media Freedom Act

EMIR

European Market Infrastructure Regulation – Regulation (EU) 648/2012

EMIR 3.0

European Market Infrastructure Regulation 3.0 – Regulation (EU) 2024/2987

EPA

Environmental Protection Agency

EPR

Extended Producer Responsibility

EPRS

European Parliament Research Service

ESAs

European Supervisory Authorities

ESAP

European Single Access Point Regulation – Regulation (EU) 2023/2859

ESG

Environmental, Social and Governance

ESMA

European Securities and Markets Authority

ESRS

European Sustainability Reporting Standards

ETFs

Exchange Traded Funds

EU

European Union

EU AI Act

Regulation (EU) 2024/1689 laying down harmonised rules on artificial intelligence

EU ETS

EU Emissions Trading System

EuGBS

European Green Bond Standard

F&P

Fitness and Probity

FCs

Financial Counterparties

FC+s

Financial Counterparties subject to the clearing obligation

FDI

Foreign Direct Investment

FiDA

Proposal for an EU Financial Data Access Regulation

GDPR

General Data Protection Regulation

GPG

Gender Pay Gap

GRAI

Gambling Regulatory Authority of Ireland

IBRC

Irish Bank Resolution Corporate Limited

ICT

Information and Communications Technology

IDA

Industrial Development Agency

IORPs

Institutions for Occupational Retirement Provisions

IOT

Internet of Things

IRRD

Insurance Recovery and Resolution Directive

ITRE

Committee on Industry, Research and Energy

ITS

Implementing Technical Standards

JAAB

Judicial Appointments Advisory Board

The Kelly Report

The Review of the Administration of Civil Justice Report (published in December 2020)

The Kelly Report Implementation Plan

The Kelly Report Implementation Plan (published in May 2022)

LEU

Large Energy Users

LMA

Loan Market Association

LMTs

Liquidity Management Tools

LRC

Law Reform Commission

LSA

Lead Supervisory Authority

Member State

A member state of the European Union

MAC

Maritime Area Consent

MARA

Maritime Area Regulatory Authority

MEC

Maximum Export Capacity

MiCA

Markets in Crypto-assets Regulation

MiFID II

Second Markets in Financial Instruments Directive – Directive (EU) 2014/65

MiFID III

Third Markets in Financial Instruments Directive – Directive (EU) 2024/790

MiFIR

Markets in Financial Instruments Regulation – Regulation (EU) 600/2014

MiFIR II

Markets in Financial Instruments Regulation – Regulation (EU) 2024/791

MLC

Multilateral Convention

MLD4

Fourth Money Laundering Directive - Directive (EU) 2015/849

MLD6

Sixth Money Laundering Directive - Directive (EU) 2024/1640

ML/TF

Money-Laundering and Terrorist Financing

MMIF

Money Market and Investment Fund

MMs

Market Makers

MNEs

Multinational Enterprises

MPAs

Maritime Protected Areas

MSP

Maritime Spatial Plans

NAFRSA

National Automatic Enrolment Retirement Savings Authority

NAMA

National Asset Management Agency

NBFI

Non-Bank Financial Intermediation

NCA

National Competent Authority

NCSC

National Cyber Security Centre of Ireland

NDAs

Non-Disclosure Agreements

NFCs

Non-financial counterparties

NFC+s

Non-financial counterparties subject to the clearing obligation

NIS2

Network and Information Security Directive – Directive (EU) 2022/2555

ODR Regulation

Online Disputes Resolution Regulation – Regulation (EU) 524/2013

OECD

Organisation for Economic Co-operation and Development

Oireachtas

The Irish legislature, combining the lower house, Dáil and the upper house, Seanad.

PAI

Principal Adverse Impacts

PCF

Pre-Approval Controlled Function applications

PCLOB

Privacy and Civil Liberties Oversight Board

PIRB

Personal Injuries Resolution Board

PRIIPs

Proposal to amend the Regulation on Packaged Retail and Insurance Based Investment Products

PSD2

Second Payments Services Directive – Directive (EU) 2015/2366

PSD3

Proposal for a Third Payments Services Directive

PSPs

Payment Service Providers

PSR

Proposal for a Payment Services Regulation

PSR 2018

European Union (Payment Services) Regulation 2018

Revenue

The Irish Revenue Commissioners

RIS

Retail Investment Strategy

ROIs

Registers of Information

RPZs

Rent Pressure Zones

RTS

Regulatory Technical Standards

RZLT

Residential Zoned Land Tax

SAC

Special Areas of Conservation

SAP

Summary Approval Procedure

SBM

Specialist Banking Model

SCARP

Small Companies Administrative Rescue Process

SCCs

Standard Contractual Clauses

SCG

Sustainable Corporate Governance

Seanad Éireann

The upper house of the Oireachtas, the Irish legislature

SEAR

Senior Executive Accountability Regime

SFDR

Sustainable Finance Disclosure Regulation

SLAAP

Strategic Lawsuits Against Public Participation

SMEs

Small and medium-sized enterprises

SOs

System Operators

SPAs

Special Protected Areas

Spring 2025 Legislative Programme

Government Legislation Programme Spring 2025

SRT

Synthetic Risk Transfer

STS

Simple, Transparent and Standardised

ToR

Terms of Reference

UCITS Directive

Directive on Undertakings for Collective Investment in Transferable Securities - Directive 2009/65/EC

UBM

Universal Banking Model

UK

United Kingdom

UPE

Ultimate Parent Entity

ViDA

EU VAT proposals on VAT in the Digital Age

VLOEs

Very Large Online Search Engines - online search engines that reach 45 million or more average monthly users in Europe

VLOPs

Very Large Online Platforms - online platforms that reach 45 million or more average monthly users in Europe.

WRC

Workplace Relations Commission

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