Many functions across the Central Bank have long been engaging with innovating entities to understand new technologies and new ways in which financial services are being designed, developed and delivered. However, as the impact of new technologies becomes more pervasive and the appetite for engagement with the Central Bank stronger, we sought to further enhance and coordinate this engagement.
The Innovation Hub enables regulated and unregulated entities engaged in innovation to contact the Central Bank with questions on navigating the Irish regulatory landscape. At the same time, it provides us with the opportunity to become better sighted on relevant technological developments and innovations.