Denise Murray

2 months ago | lexology.com | Denise Murray |Sarah Thompson |Robert Cain |Ian Dillon |Dara Harrington |Kevin Murphy | +8 more

On 28 February 2025, the Central Bank of Ireland (Central Bank) introduced its new supervisory approach which seeks to integrate conduct, integrity and prudential supervision. The Central Bank references the evolution of its supervisory approach since it introduced risk-based supervision (PRISM) in 2011. The pace of change in the financial sector together with the additional responsibilities to supervise a changed landscape have prompted the development of this New Supervisory Approach.