Glossary
AI
Artificial Intelligence
AIF
Alternative investment fund
AIFM
Alternative investment Fund manager
AIFMD
Alternative Investment Fund Managers Directive - Directive 2011/61/EU
AML
Anti-money laundering
APs
Authorised Participants
B2B
Business-to-Business Services
BEFIT
Business in Europe: Framework for Income Taxation
CAR
Commission for Aviation Regulation
CBAM
Carbon Border Adjustment Mechanism
CBCR
Country-by-Country Reporting
CCPs
Central Counterparties
CEA
Corporate Enforcement Authority
Central Bank
Central Bank of Ireland
CFT
Countering the Financing of Terrorism
CIRI
Construction Industry Register Ireland
CJEU
Court of Justice of the European Union
CLRG
Company Law Review Group
CORSIA
Carbon Offsetting and Reduction Scheme for International Aviation
Council
Council of the European Union
Commission
European Commission
CRO
Companies Registration Authority
CSA
Common Supervisory Action
CSD
Credit Servicing Directive - Directive (EU) 2021/2167
CSDD
Proposal for a Directive on Corporate Sustainability Due Diligence
CSDR
Central Securities Depositary Regulation – Regulation (EU) 909/2014
CSRD
Corporate Sustainability Reporting Directive - Directive (EU) 2022/2464
DAC7
Directive amending Council Directive 2011/16/EU on administrative cooperation
DAC8
Proposal to amend Directive 2011/16/EU on Administrative Co-operation
Dáil Éireann
The lower house and principal chamber of the Oireachtas, the Irish legislature
D, E & I
Diversity, equity and inclusivity
DETE
Department of Enterprise, Trade and Employment
DMA
Digital Markets Act
DMAP
Designated Maritime Area Plans
DORA
Digital Operational Resilience Act - Regulation (EU) 2022/2554
DPAs
Data Protection Authorities
DPC
Irish Data Protection Commission
DPO
Data Protection Officer
DSA
Digital Services Act
E-Money
Electronic-Money
EBA
European Banking Authority
ECB
European Central Bank
ECON
European Parliament's Economic and Monetary Affairs
EDPB
European Data Protection Board
EEA
European Economic Area
EECC
European Electronic Communications Code
EFRAG
European Financial Reporting Advisory Group
EIOPA
European Insurance and Occupational Pensions Authority
ELTIF
European Long Terms Investment Funds Regulation
EMIR
European Market Infrastructure Regulation – EU Regulation No 648/2012
EPA
Environmental Protection Agency
ESAs
European Supervisory Authorities
ESG
Environmental, Social and Governance
ESMA
European Securities and Markets Authority
ESRS
European Sustainability Reporting Standards
ETFs
Exchange Traded Funds
EU
European Union
EuSEF
European Social Entrepreneurship Fund
FSR
Foreign Subsidies Regulation
FSPO
Financial Services and Pensions Ombudsman
FTBs
First-time buyers
GBS
EU Green Bond Standard
GDPR
General Data Protection Regulation
GLoBE
Global Anti-Base Erosion Rules
GPG
Gender Pay Gap
IAA
Irish Aviation Authority
IAF Act
Central Bank (Individual Accountability Framework) Act 2023
ICMA
International Capital Market Association
ICT
Information and Communications Technology
IGT
Intragroup Transaction
IMF
International Monetary Fund
IOT
Internet of Things
IQ
Individual Questionnaire
KDB
Knowledge Development Box
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)
KPIs
Key Performance Indicators
LIBE
European Parliament's Committee on Civil Liberties, Justice and Home Affairs
LTV
Loan to value
Member State
A member state of the European Union
MAC
Maritime Area Consent
MARA
Maritime Area Regulatory Authority
MiCA
Markets in Crypto-assets Regulation
MiFID II
Second Markets in Financial Instruments Directive – Directive 2014/65/EU
MiFIR
Markets in Financial Instruments Regulation – Regulation (EU) 600/2014
MLD4
Fourth Money Laundering Directive - Directive (EU) 2015/849
ML/TF
Money-Laundering and Terrorist Financing
MMFs
Money Market Funds
MMFR
Money Market Fund Regulation - EU Regulation 2017/1131
MPAs
Maritime Protected Areas
MSP
Maritime Spatial Plans
NAB
International Monetary Fund’s New Arrangements to Borrow
NCA
National Competent Authority
NCSC
National Cyber Security Centre of Ireland
NFRD
Non Financial Reporting Directive
NIS2
Proposed revision to the Network and Information Security Directive
NPLs
Non-performing loans
O&Ds
Options and Discretions
OECD
Organisation for Economic Co-operation and Development
Oireachtas
The Irish legislature, combining the lower house, Dail and the upper house, Seanad.
OTT Service Providers
Over the Top Service Providers
PCF
Pre-Approval Controlled Function applications
PIAB
Personal Injuries Assessment Board
PRR
European Union (Preventive Restructuring) Regulations 2022
RAS
Risk Appetite Statements
R&D
Research & Development
RFSP
Regulated Financial Service Provider
RTS
Regulatory Technical Standards
Seanad Éireann
The upper house of the Oireachtas, the Irish legislature
SBCI
Strategic Banking Corporation of Ireland
SCG
Sustainable Corporate Governance
SEAR
Senior Executive Accountability Regime
SFDR
Sustainable Finance Disclosure Regulation
SFTR
Securities Financing Transactions Regulation
Summer Legislative Programme
Irish Government's Legislative Programme for Summer 2023
TAC
Tax Appeals Commission
UK
United Kingdom
UCITS Directive
Directive on Undertakings for Collective Investment in Transferable Securities - Directive 2009/65/EC
ViDA
EU VAT proposals on VAT in the Digital Age
VLOEs
Very Large Online Search Engines
VLOPs
Very Large Online Platforms