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Revised Consumer Protection Code and related guidance takes effect

Matheson
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Ireland
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January 27 2012

On 19 October 2011, the Central Bank of Ireland, published the revised Consumer Protection Code which came into effect from 1 January 2012 for regulated entities including banks, insurance and investment companies and intermediaries

Corporate Governance Code for Credit Institutions and Insurance Undertakings

Matheson
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Ireland
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April 11 2011

The Corporate Governance Code for Credit Institutions and Insurance Undertakings (the "Code") was introduced in January 2011 and has been broadly welcomed as an important step in the enhancement of the corporate governance of financial institutions in Ireland

Central Bank of Ireland report on sale of payment protection insurance

Matheson
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Ireland
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September 20 2012

The Central Bank has recently released the findings on its latest inspection of the sale of payment protection insurance (“PPI”) to Irish consumers

Measures on fitness and probity in the banking sector

Matheson
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Ireland
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April 11 2011

The Central Bank Reform Act 2010 introduced new statutory standards of fitness and probity to be applied to high level positions within entities regulated by the Central Bank of Ireland (the "Central Bank"

Central bank activity - fitness and probity guidelines, insurance compensation fund levy and new supervision framework introduced

Matheson
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Ireland
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January 24 2012

The Central Bank of Ireland (the “Central Bank”) has launched its new risk-based supervision framework, PRISM (Probability Risk and Impact System

Updated guidance on the Corporate Governance Code for Credit Institutions and Insurance Undertakings

Matheson
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Ireland
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September 20 2012

The Central Bank recently published updated guidance on the Corporate Governance Code for Credit Institutions and Insurance Undertakings (the “Code”

Central Bank of Ireland publishes Issue 3 of the Intermediary Times

Matheson
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Ireland
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September 20 2012

The Central Bank has recently published its third issue of the Intermediary Times, a newsletter for brokers and retail intermediaries

Regulatory developments in 2011 - activity at the FSO and Central Bank enforcement unit

Matheson
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Ireland
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January 24 2012

In accordance with the its Enforcement Strategy 2011 2012, robust enforcement measures were taken by the Central Bank throughout 2011 against regulated entities and persons involved in the management of those regulated entities that failed to comply with regulatory requirements

Central Bank publishes Consultation Paper CP 47 on proposed changes to Consumer Protection Code

Matheson
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Ireland
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April 11 2011

On 28 October 2010, the Central Bank of Ireland (the "Central Bank"), published Consultation Paper 47, a review of the Consumer Protection Code (the "CPC"

Central Bank publishes second Consultation Paper CP54 on proposed changes to Consumer Protection Code

Matheson
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Ireland
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July 27 2011

On 28 June 2011, the Central Bank of Ireland (the “Central Bank”), published Consultation Paper CP 54 (“CP54”) entitled the Second Consultation on Review of Consumer Protection Code (the “CPC”