Ireland : Report on Observance of Standards and codes (ROSC)

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

May 13, 2015

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses findings and recommendations of the Report on Observance of Standards and codes for Ireland. The Central Bank of Ireland (CBI) is the integrated financial supervisor in Ireland. As the primary regulator of the Irish financial system, CBI has overall responsibility for the supervision of insurers and insurance intermediaries authorized in Ireland. The authorities need to address the significant challenges faced by CBI in attracting and retaining supervisors and to enhance the CBI’s independence. CBI is also advised to review the supervisory risk appetite underpinning Probability Risk Impact Supervisory System, including potential reputational risks.

Series:

Country Report No. 15/117

Subject:

English

Publication Date:

May 13, 2015

ISBN/ISSN:

9781475554519/1934-7685

Stock No:

1IRLEA2015005

Format:

Paper

Pages:

26

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