Ireland's Elderfield outlines supervisory changes for banks


Matthew Elderfield, deputy governor at the Central Bank of Ireland, has outlined supervisory changes the bank is implementing.

In a speech today (April 27) at the the Central Bank of Ireland stakeholder conference, Elderfield said the bank is now "organised" to fulfil its requirements as part of its membership of the European Systemic Risk Board.

Elderfield said the Code of Corporate Governance introduced by the Central Bank of Ireland "may be more demanding" than those in other jurisdictions

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