It’s financial supervision, but not as we know it, as changes come thick and fast
Developments in fintech - just a soundbite a few years ago - are shifting the nature of financial services
A decade after Ireland’s devastating financial crisis, the state of financial supervision is arguably much better. The flawed philosophy of ‘principles-based’ supervision, whereby financial firms were largely left to their own devices as long as profits were high and credit losses low, has been replaced by ‘intense supervision’. Rigorous processes, independent controls and sound risk culture are now key concerns of the Regulator.
The resources devoted to supervision have increased dramatically. The Central Bank...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply