Irish Nationwide Building Society (INBS) Inquiry

An Inquiry Pursuant to Part IIIC of the Central Bank Act 1942 concerning Irish Nationwide Building Society (INBS) and certain persons concerned in its management has concluded. The Inquiry Members have decided to publish a redacted version of the Written Decision of the Inquiry, dated 26 February 2025, which you can access in the Inquiry Publication Notice section of this page.

The Inquiry Members’ reasons for publishing a redacted version of their Written Decision are contained in their Decision on Publication, which you can access in the Inquiry Decisions section of this page.

The Central Bank’s market commentary on the outcome of the INBS Inquiry, which includes details of the costs incurred by the Central Bank in connection with the investigation and Inquiry, can be found below.

Outcome of INBS Inquiry: Market Commentary | pdf 389 KB

Inquiry Members

Ms Marian Shanley, Mr Geoffrey McEnery and Ms Ciara McGoldrick

Inquiry Publication Notice

Redacted Written Decision of the Inquiry, 26 February 2025 (Published on 21 May 2025) | pdf 65717 KB

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Outcome of Pre-hearings Decisions of the Inquiry

Outcomes of Decisions of the Inquiry | pdf 334 KB Determination re Modular Approach to the Inquiry | pdf 453 KB Determination re Procedure for Identifying Witnesses and Obtaining Statement | pdf 1504 KB Determination re Status of the Investigation Report | pdf 399 KB Determination re Stay Application by Michael Fingleton | pdf 417 KB Determination re the Effect of the Settlement Agreement with INBS | pdf 421 KB Determination re Proof of Documents | pdf 649 KB

Inquiry Proceedings

INBS Inquiry – Opening Statement of Ms Marian Shanley, Inquiry Chairperson, 21 October 2024 | pdf 578 KB INBS Inquiry – Opening Statement of Ms Marian Shanley, Inquiry Chairperson, 17 June 2024 | pdf 581 KB INBS Inquiry – Opening Statement of Ms Marian Shanley, Inquiry Chairperson, 30 October 2020 | pdf 466 KB INBS Inquiry - Opening Statement of Inquiry Chairperson - 3 July 2019 | pdf 420 KB INBS Inquiry - Opening Remarks of Ms Marian Shanley, Inquiry Chairperson, 28 January 2019 | pdf 404 KB INBS Inquiry - Opening Statement of Ms Marian Shanley, Inquiry Chairperson, 21 March 2018 | pdf 340 KB INBS Inquiry - Opening Statement of Ms Marian Shanley, Inquiry Chairperson, 13 March 2018 | pdf 242 KB INBS Inquiry - Opening Statement of Ms Marian Shanley, Inquiry Chairperson, 20 February 2018 | pdf 379 KB INBS Inquiry - Opening Statement of Ms Marian Shanley, Inquiry Chairperson, 11 December 2017 | pdf 396 KB

Inquiry Decisions

Decision on whether to conduct the module concerning SPCs 1-4 in public or private | pdf 116 KB Decision of the Inquiry Members on an application by Michael Fingleton Junior for a termination of the Inquiry as against his father, Michael Fingleton, on medical grounds [Redacted to remove medical information]. | pdf 297 KB Decision on SPC 7 Hearing | pdf 163 KB Decision on SPC 6 Hearing | pdf 540 KB Decision on Publication 14 May 2025 | pdf 215 KB

Past Inquiry Notices