As at 1 October 2019, the Central Bank has concluded 131 enforcement actions since 2006, resulting in monetary penalties of almost € million. We also protect consumers through our work in respect of unauthorised providers of financial services.
Here we aim to guard the perimeter, seeking to ensure that only those authorised to do so (either by the Central Bank of Ireland or elsewhere in the European Union) can provide financial services in Ireland. We have a range of enforcement tools available to us to respond to unauthorised providers and we work closely with law enforcement agencies, such as An Garda Síochana.