This is the first edition of RegBrief, the quarterly bulletin of
the Arthur Cox Financial Regulatory Group, in which updates are
provided on a wide range of developments across our practice
area.
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 Update
The Central Bank's Annual Report 2011, together
with its Annual Performance Statement: Financial Regulation
2011-2012 (both published in May 2012) and its 2012
Enforcement Priorities and 2012 Programme of Themed
Reviews and Inspections (both published in February 2012) show
a clear focus, for the first six months of 2012 by the Central
Bank, on mortgage arrears, money-laundering, best execution by
stockbroking and investment firms, fitness and probity, payment
protection insurance and consumer protection.
