Irish central bank publishes sanctions guidance

The Central Bank of Ireland
The Central Bank of Ireland
William Murphy

Ireland’s central bank has published a guide to the administrative sanctions it can carry out against financial firms.

The guide sets out the measures the Central Bank of Ireland can take under the country’s “administrative sanctions procedure”, or ASP. “This ASP sanctions guidance increases transparency by providing greater clarity on the Central Bank’s general approach to sanctioning of firms and individuals,” the bank said on November 14.

The guide also “seeks to promote an improved culture

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