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ARTICLE · 30 MAY 2025

FIG Top 5 At 5 - 22/05/2025

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On 15 May 2025, the Central Bank of Ireland ("Central Bank") published the second edition of its Authorisations and Gatekeeping Report ("Report").

IrelandFinance and Banking
Darren Maher
Darren Maher
Joe Beashel
Joe Beashel
Gráinne Callanan
Gráinne Callanan
Elaine Long
Elaine Long
Louise Dobbyn
Louise Dobbyn
Caroline Kearns
Caroline Kearns
Niamh Mulholland
Niamh Mulholland
Ian O'Mara
Ian O'Mara
Claire Scannell
Claire Scannell
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1. Central Bank publishes Authorisations and Gatekeeping Report 2024

On 15 May 2025, the Central Bank of Ireland ("Central Bank") published the second edition of its Authorisations and Gatekeeping Report ("Report").

The Report provides a summary of the authorisation and gatekeeping activity across all sectors in 2024 and provides some insights regarding common issues that the Central Bank encounters with applications for authorisation.

The Report sets out that the timeline from initial application to authorisation is strongly influenced by:

  • the complexity of the proposed application/business model;
  • the quality of the application submission; and
  • the applicant's timeliness in responding to the Central Bank's queries.

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