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In the second episode of our Asset Management Matters podcast, Shona O’Hea our Global Head of Asset Management, talks about one of the challenges facing the Asset Management Industry at the moment being “The Quest for Talent”.

Revenue has published its new Code of Practice for Compliance interventions. The new Code which will be effective from 1 May 2022 sets out their revised framework for interventions from that date and provides for a new graduated response to taxpayer compliance behaviour and also makes significant changes to many of the rules around voluntary disclosure. 

The CBI published, on 15 March 2022, the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Insurance Requirements) Regulations 2022 which will apply to insurance undertakings and insurance intermediaries from 1 July 2022.

On 24 March 2022, the CBI published its quarterly Insurance Newsletter which covers the following topics:

• Crisis in Ukraine – including CBI’s expectations of (re)insurance firms
• Insurance Insights – Review of the digital maturity of the Irish Insurance Market and more
• Insurance Updates – including use of service companies in the insurance sector

Over the last number of years, the profile of sustainability has grown considerably, but this decade marked a step change. For those on the periphery of the topic, it can at times be overwhelming to keep up with the policy announcements, voluntary initiatives, regulatory implications and stakeholder demands.

The global economic crisis that resulted as a consequence of the pandemic has stressed the relevance of prioritising sustainability pillars within financial services.