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ARTICLE · 26 DECEMBER 2024

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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.

IrelandTechnology

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

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