Central Bank Speeches:
1. Deputy Governor of the Central Bank of Ireland,
Sharon Donnery delivers speech on regulatory and supervisory
perspectives as regards fintech
On 28 November 2024, Deputy Governor of the Central Bank of
Ireland ("Central Bank"), Sharon
Donnery, delivered a speech
("Speech") at the Fintech Ireland Summit
2024.
While acknowledging the broad reach of technology as regards the
financial sector, the Deputy Governor focused on regulatory and
supervisory perspectives in relation to fintech. Her commentary
included what the Central Bank is coming across and how it is
dealing with rapid innovation in the financial sector.
Supervising innovation
The Deputy Governor spoke about the Central Bank's need to
remain "technology neutral" when it comes to
supervising fintech firms and stated that it approaches the
supervision in the same way as all other supervision - focusing on
the Central Bank's four safeguarding outcomes of safety