Irish association calls for central bank reform

IRELAND - The Consumers' Association of Ireland has called for a lessening of the power of the Department of Finance and the Central Bank in how the new financial regulator will work.

In a submission to the Government on the regulator, the association called for Mary Harney's department to have a major role the appointment of key positions.

The comments of the consumers' lobby came as the chairman of Financial Services Authority Brian Patterson defended the new body from criticism.

Mr Patterson

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.