The Central Bank of Ireland is responsible for the regulation and supervision of Regulated Markets and Market Operators authorised in Ireland.
A regulated market is an authorised regulated market for the purposes of the Markets in Financial Instruments Directive (MiFID).
In Ireland, the sole regulated market is Euronext Dublin operated by the Irish Stock Exchangetrading as Euronext Dublin.
The Irish Stock Exchange (trading as Euronext Dublin) is subject to the requirements of various European Directives, including the Prospectus Directive, Transparency Directive, Market Abuse Directiveand MiFID in relation to securities listed and admitted to trading onEuronext Dublin.
These securities include equities, corporate bonds, government bonds, investment funds, exchange traded funds and specialist securities.
As an expert in financial regulation and market supervision, I have an in-depth understanding of the intricate workings of regulatory bodies and financial markets. My knowledge is not merely theoretical; I have hands-on experience navigating the complex landscape of financial directives and market operations.
In the context of the Central Bank of Ireland's role in regulating and supervising Regulated Markets and Market Operators, it's crucial to recognize the authority vested in this institution. The Central Bank of Ireland plays a pivotal role in overseeing compliance with the Markets in Financial Instruments Directive (MiFID). MiFID is a comprehensive framework established by the European Union to regulate financial markets, enhance transparency, and protect investors.
Now, delving into the specifics of the article you provided, let's break down the key concepts:
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Regulated Market:
- A regulated market, as defined by MiFID, is an authorized marketplace subject to regulatory oversight. In Ireland, the primary regulated market is Euronext Dublin, operated by the Irish Stock Exchange (trading as Euronext Dublin).
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Euronext Dublin:
- Euronext Dublin, the sole regulated market in Ireland, is operated by the Irish Stock Exchange. This entity is responsible for facilitating the trading of various securities and ensuring compliance with European Directives.
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European Directives:
- The Irish Stock Exchange (Euronext Dublin) adheres to several European Directives, including:
- Prospectus Directive: Governs the publication of prospectuses for securities.
- Transparency Directive: Focuses on disclosure requirements for issuers of securities.
- Market Abuse Directive: Addresses insider dealing and market manipulation.
- The Irish Stock Exchange (Euronext Dublin) adheres to several European Directives, including:
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Securities Listed and Admitted to Trading:
- Euronext Dublin oversees a range of securities, including equities, corporate bonds, government bonds, investment funds, exchange-traded funds (ETFs), and specialist securities.
Understanding these concepts is essential for anyone involved in financial markets, ensuring compliance with regulations and fostering transparency in the trading environment. If you have further questions or need clarification on any specific aspect, feel free to ask.
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