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Public Consultation on the exercise of national discretions in the transposition of the European Single Access Portal (ESAP) Regulation and associated texts
The European Single Access Point (ESAP) legislation consists of: ESAP Establishing Regulation (Regulation (EU) 2023/2859); ESAP Omnibus amending Directive (Directive (EU) 2023/2864); and ESAP Omnibus amending Regulation (Regulation (EU) 2023/2869). The Department of Finance invites interested parties to make submissions in relation to the exercise of national discretions in the transposition of the ESAP legislation.
While the majority of the provisions of ESAP will be transposed on a fully harmonised basis – this is a technical transposition – there is one provision in the Establishing Regulations where Member States are given discretion as to the application of this provision. The Department is also seeking views in relation to other elements of the transposition.
The consultation period will run to 17:00, Friday 1 November 2024.
Submissions received after this deadline will not be considered.
In responding to this consultation you are invited to:
The comments received will be taken into consideration when deciding how best to transpose the ESAP into Irish law.
The preferred means of response is by email to: FSD.marketsandsecurities@finance.gov.ie
Alternatively, you may respond by post to:
ESAP Public Consultation
Financial Services Division
Department of Finance
Upper Merrion Street
Dublin 2, D02 R583
Please include contact details if you are responding by post. When responding, please indicate whether you are a professional adviser, representative body, corporate body or member of the public.
Responses to this consultation are subject to the provisions of the Freedom of Information Acts. Parties should also note that responses to the consultation may be published on the Department’s website.
The Department of Finance may also invite key stakeholders to meet with them, including representative bodies and other interested groups or individuals.
The submissions received in response to this consultation will be taken into consideration when transposing into Irish law the national discretions contained in ESAP.
Nothing in this document constitutes legal advice or any other form of advice, nor should it be construed as such.
Please note that neither the Department of Finance nor the Minister for Finance assume any liability for the accuracy or completeness of the information contained in this consultation document.