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ARTICLE · 18 JANUARY 2017

The Irish Financial Services Appeals Tribunal

Dillon Eustace
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If the Central Bank makes a decision that a regulated entity does not agree with then, provided they are a person who is affected by that decision, they may lodge an appeal with IFSAT...

IrelandFinance and Banking
John O'Riordan
John O'Riordan
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The Irish Financial Services Appeals Tribunal ("IFSAT") was established in 2003 to hear appeals from a broad range of decisions made by the Central Bank of Ireland.

Who can bring an appeal to IFSAT?

If the Central Bank makes a decision that a regulated entity does not agree with then, provided they are a person who is affected by that decision, they may lodge an appeal with IFSAT.

An "affected person" is a person whose interests are directly or indirectly affected by the decision of the Central Bank.

It is clear from the decisions of IFSAT that an affected person covers not just a person but also an organisation affected by the decision of the Central Bank.

What decisions can be appealed to IFSAT?

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