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.