The Central Bank issues consultation papers when enhancements to the Regulatory framework are being proposed. The consultation process provides an opportunity for the Bank to engage with stakeholders on a particular topic and to get comments/suggestions in relation to the proposed changes. Feedback is encouraged and submissions received are published on this website.
To ensure transparency in its engagement with stakeholders in fulfilling its financial regulation and supervisory obligations, the Bank has now published its Policy on Consultations on this website which sets out its procedures in relation to our consultation policy.
The Consultation Protocol for Credit Unions sets out the Centrals Bank’s procedures in relation to consultation on new regulations that apply to credit unions only.
In addition, consultation documents on policy issues prepared by the ECB are posted on the website of the ECB and the national central banks of the Eurosystem, with interested parties being invited to communicate their views and suggestions on the respective topic within a given timeframe. This process enables the Eurosystem to take account of the views of relevant market participants and the interested public.
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