FinanceDublin.com - ‘Our approach will be based on the principles of proportionality, predictability and reasonable expectations’

Ahead of the expected detailed guidance from the Central Bank on the workings of the IAF, SHARON DONNERY, the Deputy Governor for Financial Regulation of the Central Bank of Ireland provides a number of assurances regarding industry concerns expressed to date during the public consultation process regarding the framework.

Good governance is the bedrock of successful firms; and poor governance is regularly the root cause of many failings. From the global financial crisis to the failure of Silicon Valley Bank, from cases of fraud to cultures of excessive risk taking, weak corporate governance is often the common factor contributing to bad outcomes in the financial sector.
Recognising that, improving governance and culture in financial services firms has been a priority of both governments and....

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