Matthew Elderfield: warned that progress since 2010 in the independence and assertiveness of the supervisory model “could easily be eroded”.  Photograph: Dara Mac Dónaill/The Irish Times

The former head of financial regulation in Ireland has told the Oireachtas banking inquiry the State needs to do more to tackle white-collar crime t(...)

Michael Noonan was also asked about staff shortages within the unit of the Central Bank that supervised the insurance sector. Photograph:  Eric Piermont/AFP/Getty Images

Just more than €1 billion of taxable income was sheltered from tax through the use of various property reliefs, Minister for Finance Michael Noona(...)

Cyril Roux, the Central Bank’s deputy governor for financial regulation:  “imperative that firms have proper systems and controls in place” to ensure lenders are delivering appropriate solutions for consumers.    Photograph: Dara Mac Donaill/The Irish Times

Seven mortgage lenders in Ireland have been found to be in breach of the Code of Conduct on Mortgage Arrears (CCMA) following inspections by the Ce(...)

Cyril Roux: external scrutiny. Photograph: Dara Mac Dónaill / The Irish Times

Judging by Cyril Roux’s evidence to the Oireachtas Banking Inquiry on Wednesday, staff at the Central Bank will be making more use of the old-fashione(...)

Cyril Roux, deputy governor (Financial Regulation) at the Central Bank of Ireland, arriving at Leinster House for the Banking Inquiry. Photograph: Sam Boal/Photocall Ireland

The current supervisory regime for financial institutions is robust enough to prevent another banking crisis, but it might not be able to defend the s(...)

 Cyril Roux , deputy governor (Financial Regulation) of the Central Bank of Ireland who said lessons have been learned in the euro zone about how to deal with struggling banks. Photograph: The Irish Times

Lessons have been learned in the euro zone about how to deal with banks that are failing or likely to fail, the deputy governor of the Central Bank of(...)

Cyril Roux, deputy governor of the Central Bank: said the “disjointed” nature of the regulator’s enforcement powers over non-life companies was an “impediment to their effectiveness” and needed consolidation. Photograph: Eric Luke

Central Bank deputy governor Cyril Roux told the Department of Finance in March it did not have sufficient powers or staff to effectively regulate t(...)

Central Bank governor Patrick Honohan: ‘The Central Bank’s work focused on the integrity of IBRC governance processes and controls.’ Photograph: Cyril Byrne

The Central Bank inquiry into the sale of Siteserv to Denis O’Brien by IBRC followed “allegations” made about the transaction, according to governo(...)

The Oireachtas Banking Inquiry has called former Taoiseach Brian Cowen to give evidence to the committee. Photograph: Alan Betson

The Oireachtas Banking Inquiry has called former Taoiseach Brian Cowen to give evidence to the committee as part of the next phase of its hearings.Mr (...)

Despite new and welcome initiatives to diversify sources of funding, SMEs cannot but rely on banks to provide the credit they seek to function and expand, deputy governor of the Central Bank Cyril Roux told the audience at an event for the Leinster Society of Chartered Accountants on Wednesday. (Photograph: Dara Mac Dónaill / The Irish Times)

Despite the growth in alternative sources of finance, Ireland’s SMEs and banks are to remain “economic bedfellows”, the deputy governor of the Centra(...)