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ARTICLE · 25 FEBRUARY 2015

Enforcement Priorities 2015

Dillon Eustace
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On the 9th of February 2015, the Central Bank of Ireland published its statement of enforcement priorities for 2015.

IrelandFinance and Banking
Dillon Eustace
Dillon Eustace
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Introduction

On the 9th of February 2015, the Central Bank of Ireland (the "Central Bank") published its statement of enforcement priorities for 2015 (the "Statement"). The publication of the Statement by the Central Bank provides an opportunity for regulated entities to assess and raise compliance standards, where necessary, in key risk areas. In addition, the Statement also provides regulated entities with a list of the Central Bank's planned priorities for enforcement activity for 2015.

During 2014, the Central Bank entered into 11 enforcement settlements with regulated financial services providers resulting in the imposition of overall fines in excess of €5 million.

2015 Enforcement Priorities

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