Mr Sibley

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Financial services firms operating in and out of Ireland should pay the cost of regulation, the Central bank says. Photograph: Alan Betson

The Central Bank of Ireland has agreed a new approach to financial regulation whereby the taxpayer will no longer stump up costs for policing the sect(...)

Sylvia Cronin , the Central Bank’s head of insurance, is understood to currently have no firm plans, but is expected to return to the private sector. Photograph: Alan Betson

The Central Bank’s head of insurance Sylvia Cronin is set to leave the regulator at the end of September after deciding not to renew her existing five(...)

Ed Sibley said insurance executives must do more work to develop recovery or wind-up plans in the event that their companies run into financial trouble. Photograph: iStock

Insurance brokers and underwriting agents must take more responsibility for assessing the financial soundness of companies offering cover, in light of(...)

A Bill proposed by Sinn Féin finance spokesman Pearse Doherty TD could have unintended consequences,  the Oireachtas Committee on Finance has heard. Photograph: Gareth Chaney/Collins.

A proposed law that seeks to prevent banks from selling problem loans to so-called vulture funds without borrowers’ permission could lead to an increa(...)

Cropped closeup photo of clever smart professional polite secretary in grey formal suit is calling to her boss, she is sitting at the table in office

Banks in Ireland have started to listen to calls from regulators to improve diversity at senior levels, according to research from the Central Bank. (...)

The Central Bank has had an influx of Brexit-related submissions.

The Central Bank has said it fell short of its own target in the processing of applications for certain investment firms in the second half of last ye(...)

Central Bank of Ireland deputy governor Ed Sibley has warned about the impact of a no-deal Brexit on the insurance sector. Photograph: Nick Bradshaw

Irish consumers may struggle to secure wedding, pet or gadget insurance in the event of the UK crashing out of the EU with no deal. Central Bank of (...)

Even with the plan to limit the impact on Irish insurance policy holders of the UK crashing out of the EU at the end of March without a withdrawal agreement, consumers may be hit in other ways.

The Republic is working on legislation to allow UK and Gibraltar-based insurers and brokers to continue to service Irish customers’ policies for a per(...)

Deputy Central Bank governor Ed Sibley told the regulator’s board that the institution was dealing with a “sizeable activity” in relation to authorisations. Photograph: Nick Bradshaw

The Central Bank has been forced to “re-prioritise” its normal supervisory work as the regulator draws on resources to deal with a spike in authorisat(...)

Ed Sibley: “Trust in the financial services system is an endangered commodity”.  Photograph: Nick Bradshaw

Central Bank deputy governor Ed Sibley has told the boards of financial firms to get on top of information technology (IT) risks, as “too many” compan(...)

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