Saturday June 6, 2020

IMF and Central Bank clash over review

The Central Bank and the International Monetary Fund are in severe disagreement over the results of an international benchmarking review the fund conducted last year into banking supervisory practices in Ireland.

2nd February, 2014

The Central Bank and the International Monetary Fund are in severe disagreement over the results of an international benchmarking review the fund conducted last year into banking supervisory practices in Ireland.

According to the IMF's findings, which are due to be published in a report this week, the Central Bank is ''materially non-compliant in its supervision of foreign banks, such as Danske Bank and Rabobank, that operate branches in the Irish markets but are regulated...

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