The Central Bank of Ireland has published a Consultation Paper (CP67) on "Authorisation of Regulated Firms, Funds and Intermediaries: Process and Improvement of Service Standards".

This paper describes the programme of work at the Central Bank to improve the authorisation processes applied to firms, funds and intermediaries with the goal of improving efficiency and timeliness of response, while maintaining rigorous assessment of new applicants. This paper also sets out proposed new service standards for authorisation activities across a variety of sectors and the proposed dates for their introduction.

The Central Bank has asked for comments to be provided to them by October, 28 2013.