The Central Bank’s supervisory objectives are to protect consumers and financial stability by seeking to ensure that regulated firms:

  • Act in the best interests of consumers
  • Are financially sound and safely managed with sufficient financial resources
  • Are governed and controlled appropriately, with clear and embedded risk appetites, which drive an appropriate culture within them
  • Have frameworks in place to ensure failed or failing providers go through orderly resolution

Who We Supervise

View more detailed information on the supervision process applicable to the following financial services providers in the different industry and market sectors.

How We Supervise

We implement our supervisory role by:

  • Processing applications from financial services providers for authorisation in Ireland
  • Monitoring compliance with prudential standards, primarily through examining prudential returns (weekly, monthly and annual), financial statements and annual reports, conducting regular review meetings and on-site inspections
  • Developing systems and procedures to monitor activities and detect non-compliance by financial service providers
  • Issuing guidance notes to enhance our supervisory oversight due to continued growth and changes in financial markets
  • Supporting the development of domestic legislation and implementing EU regulations and international standards

Our Supervisory Activities

The following topics contain more information on some of our supervisory activities.