Matthew Elderfield: Effective enforcement – encouraging compliance and good practice Opening remarks by Mr Matthew Elderfield, Deputy Governor of the Central Bank of Ireland, to the Central Bank Enforcement Conference, Dublin, 11 December 2012. *  *  *  I would like to welcome you to the first conference on enforcement that we are hosting at the Central Bank of Ireland.
We are very glad to be hosting this event and that you are able to join us here today. Enforcement is an important element of our regulatory strategy at the Central Bank. Our approach of assertive, risk-based supervision is underpinned by having a credible enforcement deterrent in place.