Supervisory Review Process

The IFD framework for Investment Firm supervisory disclosures is set out in Article 57(1)-(5) of the Investment Firms Directive (IFD), as transposed by Regulation 51 of SI 355/2021. This requires competent authorities to disclose certain information in order to ensure increased transparency in key areas.

In accordance with Regulation 51 of SI 355/2021 the Central Bank of Ireland will publish the general criteria and methodologies the Bank applies in the supervisory review and evaluation referred to in Regulation 32;

Disclosures are designed to provide information on four core supervisory considerations:

  • Scope of application of the SREP
  • Assessment of SREP Elements
  • Review and Evaluation of ICAAP and ILAAP
  • Overall SREP assessment and supervisory measures

Information disclosed can be found in the following table:

SREP Process | pdf 124 KB