The European Central Bank has published an Opinion on new measures strengthening supervision and enforcement in financial regulation. This Opinion has been published in response to a request by the Department of Finance for an opinion on the proposed parliamentary committee stage amendments to the Central Bank (Supervision and Enforcement) Bill 2011 on which the ECB had adopted Opinion CON/2011/69 on 9 September 2011.

The Department of Finance has indicated in a press release that it is the Government’s intention that this Bill pass through the Houses of the Oireachtas during the Autumn session.