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ARTICLE · 02 APRIL 2025

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FIG Top 5 At 5 - 20/03/2025

On 13 March 2025, Deputy Governor of the Central Bank of Ireland ("Central Bank") Vasileios Madouros, delivered a speech ("Speech") at the BPFI National Payments Conference...

IrelandFinance and Banking

1. Deputy Governor Madouros of the Central Bank delivers speech at BPFI National Payments Conference

On 13 March 2025, Deputy Governor of the Central Bank of Ireland ("Central Bank") Vasileios Madouros, delivered a speech ("Speech") at the BPFI National Payments Conference. The Speech centred around the theme of payments innovation in Ireland and the transformative potential of technology in this area.

The Deputy Governor reiterated his main message from last year's BPFI conference, in that, Ireland is lagging behind other jurisdictions as regards payments availability and options for businesses and households. However, he noted that the National Payments Strategy ("NPS") has enabled this matter to be addressed, highlighting that realising the outcomes in the NPS needs to be a collective near-term priority. For more information on the NPS, please see FIG Top 5 at 5 dated 24 October 2024.

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