Stock Exchange performance to be reviewed

The Financial Regulator is to conduct a review of the regulatory work being carried out on its behalf by the Irish Stock Exchange (ISE).

12th July, 2008

The Financial Regulator is to conduct a review of the regulatory work being carried out on its behalf by the Irish Stock Exchange (ISE).

The regulator is to hire specialist external advisors to assess how well the ISE, led by chief executive Deirdre Somers, performs the delegated functions.

These functions relate to EU directives governing market abuse and the approval of prospectuses relating to listed shares and other instruments. The regulator will ask its advisers...

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