Dublin outlines plans for new regulator

The Irish finance ministry on Thursday published its plans for a new financial regulator, titled the Central Bank of Ireland Commission.

The regulator will replace current board structure of the Central Bank and Financial Services Regulatory Authority and make the governor of the new body responsible for both the supervision of individual firms and the stability of the financial system generally. The governor of the new body will also head the central bank.

John Hurley, the current governor o

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