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

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by International Monetary Fund. Department
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Ireland:Report on Observance of Standards and codes (ROSC) by International Monetary Fund. Department

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.

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Ebook Details
Pages: 26
Size: 856 KB
Date published:   2015
ISBN: 9781484381472 (DRM-EPUB)

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