The Central Bank of Ireland has overall responsibility for the regulation and supervision of Credit Institutions authorised in Ireland. The objectives in supervising Credit Institutions are:
- to foster a stable banking system
- to provide a degree of protection to depositors with individual credit institutions
Credit Institutions regulated by the Central Bank of Ireland include:
- Building Societies
- Designated Credit Institutions
In addition, the Central Bank of Ireland has a number of specific new responsibilities, which it must carry out under the Government Guarantee Scheme.
EU Commission's Green Paper - Audit Policy: lessons from the Crisis
In October 2010 the EU Commission issued a Green Paper for comment “Audit Policy: Lessons from the Crisis.” You can view the Bank’s response to the Green Paper here.