It comprises the ECB and the national supervisory authorities of the participating countries. 23  Central Bank of Ireland: Residential Mortgage Arrears, Repossessions & Restructures Statistics (2019). 3,048 homes were repossessed on foot of an order and 6,213 were voluntarily surrendered or abandoned giving a total of 9,261 homes. 24  25  Central Bank of Ireland. Household Credit Market Report (2019).
The second involves detailed assessments of the activities and entities of the sector to identify systemic risks, paying particular attention to regulatory arbitrage, excessive maturity and liquidity transformation, imperfect credit risk transfer and undue leverage. Although the goal is to implement this approach by the end of 2012, obtaining sufficiently granular data will be a challenge.