Ireland: Financial System Stability Assessment
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Ireland has considerably strengthened financial sector regulation and supervision since the 2016 FSAP, aided by the ECB/SSM, and is working with European and international regulators to strengthen oversight of the large market-based finance (MBF) sector. This strengthening is evidenced by a successful navigation through the challenges of Brexit and the pandemic. Despite global headwinds, Ireland is exiting the pandemic with strong economic growth and a highly capitalized and liquid banking system. The financial system has grown rapidly and in complexity, especially after Brexit, and Ireland has become a European base for large financial groups. The MBF sector has grown to the second largest in Europe, with global interlinkages.
Series:
Country Report No. 2022/215
Subject:
Commercial banks Financial institutions Financial regulation and supervision Financial Sector Assessment Program Financial sector policy and analysis Foreign banks Insurance companies International organization Monetary policy
Frequency:
regular
English
Publication Date:
July 7, 2022
ISBN/ISSN:
9798400213564/1934-7685
Stock No:
1IRLEA2022003
Pages:
66
Please address any questions about this title to publications@imf.org