We will remember the lessons of the past, and the associated human and economic costs, as well as being forward-looking – seeking to anticipate and mitigate future risks – and continuously improving. The Irish financial services sector The Irish Financial Services sector operates in an international context, and within a European regulatory system. Multiple factors contribute to its success.
One factor is the strength and credibility of the regulatory framework. A robust and effective approach to supervision will underpin our aim of enhancing the standing and reputation of the Central Bank (such that it is trusted by the pubic and respected by our peers), and the wider reputation and long-term attractiveness of Ireland as a financial services centre.