The outgoing Central Bank governor Philip Lane has said the regulator is on top of the risks posed by the huge shadow banking sector, which has been cited by the International Monetary Fund as a danger to the domestic economy.
Lane said the regulator had gathered much more information on the shadow banking system than many other jurisdictions and that non-bank lenders could also play a role in financing the domestic economy.
“We can’t have...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team