1. Deputy Governor Sharon Donnery delivers speech addressing
regulation in a changing world
On 9 December 2024, Deputy Governor of the Central Bank of
Ireland ("Central Bank"), Sharon
Donnery, delivered a speech at the
Embassy of Ireland in London. The theme of the speech centred on
the importance of financial regulation in a changing and
fragmenting world.
The Deputy Governor opened her speech by stating that we live in
challenging and uncertain times, but also important ones. She
highlighted that this is a time of great progress and
opportunities, but also one with potential regress and great
risks.
The Deputy Governor discussed the current challenges facing the
global economy, including the increased number of conflicts. She
noted that the conflict-affected areas across the world have
increased by 65% since 2021. Whilst these conflicts are firstly
human tragedies, they also have economic consequences, including
market and commodity price volatility, trade