Central Bank - Enforcement Priorities 2012

The Central Bank of Ireland (the "Central Bank") has published its Enforcement Priorities for 2012 which identifies ten priority areas for enforcement activity in the year ahead.  These areas have been classified as a priority in light of the fact that they are currently the areas of greatest concern to the supervisory divisions within the Central Bank.  As a result, robust enforcement action can be expected where breaches in these areas are identified by the Central Bank. The ten areas which have been earmarked as a priority for 2012 are as follows:

• Mortgage Arrears;
• Retail Intermediaries;
• Payment Protection Insurance;
• Client Asset Requirements;
• Prudential Requirements;