The Central Bank of Ireland has published 'Feedback Statement on CP61' relating to proposed changes to the basis for calculating the industry funding levy payable by regulated entities and other levy-related matters. The purpose of the review was to obtain the views of stakeholders in relation to proposals for the reform of the levy calculation process and the review of other levy related matters such as the treatment of monetary penalties.

This feedback statement outlines the main themes which emerged from submissions received and the Bank's response thereto. It also sets out the changes to be implemented and the estimated impact of proposed reforms on annual levies payable by regulated entities