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ARTICLE · 03 JULY 2024

Central Bank's Authorisations And Gatekeeping Report 2024

William Fry LLP
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The Central Bank of Ireland (Central Bank) has published its Authorisations and Gatekeeping Report (the Report). The is the first edition of what will be an annual report...

IrelandFinance and Banking
Shane Kelleher
Shane Kelleher
Louise McNabola
Louise McNabola
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The Central Bank of Ireland (Central Bank) has published its Authorisations and Gatekeeping Report (the Report). The is the first edition of what will be an annual report, providing ongoing information about the Central Bank's approach to the authorisation of regulated entities in Ireland and its gatekeeping role.

The Report provides information on the Central Bank's authorisation framework and risk appetite, including explaining the Central Bank's priorities and expectations of applicants for authorisation and outlines key challenges that the Central Bank sees for firms seeking authorisation. We will explore these key areas in this article.

Insights into the operation of the Central Bank's fitness and probity regime are also included in the Report and explored further below.

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