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ARTICLE · 21 MAY 2026

FIG Top 5 At 5 – 21/05/2026

The Central Bank of Ireland Governor addresses Europe's fragmented single market and its impact on capital formation, while new compliance assessments reveal governance weaknesses across MiFID firms. Meanwhile, AMLA advances its supervisory framework and the European Commission launches a comprehensive review of crypto-asset regulations.

GlobalFinance and Banking

This week’s edition of the FIG Top 5 at 5

1. Governor of Central Bank of Ireland delivers speech at AFME conference focused on the single market

On 19 May 2026, Governor of the Central Bank of Ireland (“Central Bank”), Gabriel Makhlouf, delivered a speech (“Speech”) at the Association for Financial Markets in Europe’s financial integration conference.

The Speech focused on the EU’s single market across goods, services and capital, noting that the single market for capital is not something that can be separated from the single market for services. The Governor makes the point that if the single market continues to be fragmented, then the savings and investment union (“SIU”) will never reach its full potential.

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