Derville Rowland, Director General, Financial Conduct at the
Central Bank addressed almost 400 members of the Association of Compliance
Officers (ACOI) today in Dublin.
Derville outlined the priorities
for the regulation of financial conduct in Ireland in 2020 which include:
- Consumer protection priorities
include Code review, mortgage arrears, culture in financial services firms
and differential pricing in motor and home insurance.
- Investor protection
priorities include enhancing EU supervisory convergence and raising
supervisory standards in wholesale securities markets.
- Focus will also be on
supervising compliance by firms including Virtual Asset Service Providers
with anti-money laundering requirements.
A copy of Derville’s speech is available here.