Ireland: Report on Observance of Standards and codes (ROSC)

May 13, 2015

Preview Citation

Format: Chicago

Ireland: Report on Observance of Standards and codes (ROSC), (USA: International Monetary Fund, 2015) accessed November 21, 2024

Summary

This paper discusses findings and recommendations of the Report on Observance of Standards and codes for Ireland. The Central Bank of Ireland (CBI) is the integrated financial supervisor in Ireland. As the primary regulator of the Irish financial system, CBI has overall responsibility for the supervision of insurers and insurance intermediaries authorized in Ireland. The authorities need to address the significant challenges faced by CBI in attracting and retaining supervisors and to enhance the CBI’s independence. CBI is also advised to review the supervisory risk appetite underpinning Probability Risk Impact Supervisory System, including potential reputational risks.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Financial institutions, Financial regulation and supervision, Insurance, Insurance companies, Insurance supervision

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), CBI guideline, CBI planning, CBI supervisor, CBI's policy, CR, Global, Group supervision, Insurance, Insurance companies, Insurance supervision, ISCR, Life insurer, Marketing insurance product, Reinsurance strategy, Risk appetite, Risk management, Risk profile

Publication Details

Pages:

26
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/117
Stock No:

1IRLEA2015005
ISBN:

9781475554519
ISSN:

1934-7685

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