European directives drive markets and securities regulation. In Ireland, The Irish Stock Exchange plc, trading as Euronext Dublin, sets listing requirements for issuers. The Irish Stock Exchange plc, trading as Euronext Dublin, is also authorised by the Central Bank of Ireland to operate its four securities markets – the Main Securities Market (MSM), the Enterprise Securities Market (ESM), the Global Exchange Market (GEM) and the Atlantic Securities Market (ASM).
What are we responsible for?
As The Irish Stock Exchange plc, trading as Euronext Dublin, we are responsible for:
Setting requirements for:
- listing of securities on our markets
- admission of securities to trading on our markets
- admission of member firms and traders, sponsors, ESM and ASM advisors
- reporting of trading activity by member firms
Reviewing and approving:
- listing particulars of debt securities admitted to the GEM
- listing particulars for open ended investment funds
- listing and trading applications
- compliance by issuers with our rule books
- compliance by member firms, sponsors, ESM and ASM advisors with our rule books
- market activity for potential disorderly trading or market abuse
- potential market abuse to the Central Bank of Ireland for further investigation
How do we carry out our responsibilities?
- we set rules for listing and admission to trading for issuers of securities
- we provide corporate governance disclosure requirements for equity issuers
- we set rules member firms, sponsors, ESM and ASM advisors
- we have a Regulatory Committee
- we monitor disclosures, news and market activity to identify potential breaches, disorderly trading and market abuse
- we monitor issuers on our markets and the activities of member firms, sponsors, ESM and ASM advisors for compliance with our rule books
- we outline issuers' responsibilities and ongoing obligations to comply with EU securities legislation
What are we authorised as?
The Irish Stock Exchange plc, trading as Euronext Dublin, has the following regulatory authorisations.
What this means?
The Competent Authority for Listing
Department of Business, Enterprise and Innovation
European Communities (Admission to Listing and Miscellaneous Provisions) Regulations 2007, as amended
We admit securities to listing in Ireland. Find out more about how to list debt, shares, investment funds and exchange traded funds (ETFs) on our markets.
National Numbering Agency
ANNA (the Association of National Numbering Agencies)
We provide ISINs (International Security Identification Number, FISN (Financial Instrument Short Name) & CFI (Classification of Financial Instrument) codes for securities domiciled in Ireland. Find out more about our ISIN, FISN and CFI services.
Regulated Market and Multilateral Trading Facility (MTF) provider
Central Bank of Ireland
European Union (Markets in
Financial Instruments) Regulations 2017
We are authorised to operate 4 markets for securities:
- Main Securities Market (regulated market)
- Enterprise Securities Market (MTF)
- Global Exchange Market (MTF)
- Atlantic Securities Market (MTF).
LOU (Legal Operating Unit) in Ireland
Global Legal Identifier Foundation (GLEIF)
We are accredited by the GLEIF to issue LEI (Legal Entity Identifiers) - a global reference code which uniquely identifies each legal entity that engages in a financial transaction. Find out more about our LEI services.
Official Authorised Mechanism
The Central Bank of Ireland
Transparency (Directive 2004/109/EC) Regulations 2007
We store “regulated information” as defined under the Transparency Directive so investors can access it easily.
What are others responsible for?
Terms of reference for the Regulatory Committee (121 KB)