The IFR/IFD will apply to MiFID investment firms from 26 June 2021.  This speech from Gerry Cross of the Central Bank of Ireland on 27 January 2021 sets out a good summary of the new regime - and also puts the changing investment services environment in Ireland post-Brexit into context.   

The Central Bank expects there to have been board-level engagement already in preparation for the IFR/IFD and, most importantly, expects that firms have already stood-up their implementation projects.  

We produced a short briefing on IFR/IFD last week: Investment Firms: New prudential rules will apply from 26 June 2021