i-law

Insurance Regulation & Accounting

Will Irish eyes be smiling on new regulator?

I reland is the latest financial centre to consolidate its regulators into one. In keeping with the international pace of change, says James Grennan of A&L Goodbody, Ireland hopes the new system will minimise the systemic risk of failure in any one of the financial service sectors. But one of the biggest changes, and challenges, will be the regulator’s dual role as prudential supervisor and consumer protector.

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