Payment and e-money update: Central Bank of Ireland (CBI) reaffirms supervisory expectations
Throughout the last 12-months, the CBI has undertaken intense supervision of the payment and electronic money sector. This engagement has informed a recently published Dear CEO letter, the purpose of which is to bring enhanced transparency to the CBI's approach to regulation and supervision of the sector, and to reaffirm the CBI's supervisory expectations. In our latest publication, we provide an overview of the CBI's supervisory approach for this sector, together with its supervisory expectations in five key risks areas, where it has identified deficiencies.
For further information in relation to this topic, please contact Patrick Brandt, Partner, Dario Dagostino, Partner, Mark Devane, Partner, Christopher Martin, Of Counsel, Sian Langley, Knowledge Lawyer or any member of ALG's Financial Regulation or Regulatory Investigations teams.
Date published: 3 February 2022