New Irish financial regulator welcomed

This article welcomes the development of the Irish Financial Services Regulatory Authority (IFSRA) saying it makes little sense for financial services activities within a group to be regulated by separate regulators when a failure of one of these operations within a group could have serious implications for the group as a whole.

First published in the Irish Times, 9 May 2003.

Now that the Central Bank and Financial Services Authority of Ireland Act 2003 has been brought into operation, Ireland

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