We have the third largest funds sector in the world. As many in this room will know, by the end of 2021, there were nearly 10,000 such entities, up from about 6,000 in 2016. In the same period, asset values of these entities increased from approximately € trillion to € trillion.
Given the size of the non-bank sector in Ireland and the particular linkages of certain sub-sectors with the domestic economy, macroprudential policy for non-banks is a  3/8  BIS - Central bankers' speeches  priority for the Central Bank.