This is the third edition of RegBrief, the quarterly bulletin of
the Arthur Cox Financial Regulatory Group. RegBrief contains a
summary of certain developments and is neither a complete nor a
definitive statement of law or of regulation. Specific legal advice
should be obtained before taking any action.
Irish Regulatory Developments
The Central Bank's 2013 Strategy
The Central Bank published its Strategic Plan 2013-2015
on 20 November 2012 in which it confirmed that, in 2013, it would
establish an Implementation Advisory Committee to enable
consultation on the detailed implementation of the Central Bank
(Supervision and Enforcement) Bill (currently at Committee
stage in the Dail), develop an operational framework for
whistle-blowers and put in place a redress and restitution scheme.
It stated that it would continue to review compliance with the
Code of Conduct on Mortgage Arrears ("CCMA") and
that 2013 would see a review of the CCMA, together with reviews of
the
