Ireland
Philip Lane likely to become next ECB chief economist
Former academic economist set to become first Irish citizen in senior ECB role
Data services: Vizor Software
The Irish tech company has rolled out major updates to pave the way for more agile supervision as its scalable system won major repeat business with Sama and the Bank of England
Irish government nominates Philip Lane as next ECB chief economist
European governments have turned down two Irish nominations for senior ECB roles in last year
Ireland ready to shield insurance policy-holders in ‘hard Brexit’ – deputy governor
Irish financial system should prove resilient if UK quits EU without a deal, Ed Sibley says
Central Bank of Ireland gives go-ahead to Google payments
Tech giant awarded licence under PSD2
People: Israeli government confirms Flug successor
Riksbank’s Eberstein and Lundholm re-elected; Central Bank of Ireland expands prudential supervision department
Irish central bank to buy two more buildings
Move will be partly funded by sale of Spencer Dock building, CBI says
Central Bank of Ireland details updated financial buffers framework
Central bank incorporates risk simulation over five-year horizon
Cyber security should become part of a firm’s culture – Irish deputy governor
Warnings must not get diluted as they pass up the chain, Sibley says
Banks will ‘inevitably’ fail, says Ireland’s Donnery
Deputy governor takes stock of the policies implemented since the financial crisis to protect consumers against bank collapse
People: Chinese and Turkish central banks each gain new deputy governors
Bank of England director to lead Irish central bank financial stability department; and more
People: China names new vice-governor
China appoints Liu Guoqiang as vice-governor; MAS establishes governance council, Ireland’s central bank gets new director for supervision; and more
Irish central bank warns economy may be overheating
CBI develops new indicator for domestic economic activity
Central Bank of Ireland criticises banks for gender imbalance
Approach to diversity is inconsistent and not evident in a number of cases, review finds
Irish SWF set to become first to divest from all fossil fuels
Fund has in the past argued “engagement” is more effective than divestment
ECB expresses doubts over Irish draft law on consumer credit
Proposed law could create legal uncertainty over Irish central bank’s powers, ECB says
Italian and Spanish sovereign bond yields respond to ECB policy – researcher
Central Bank of Ireland letter says response to ECB announcements impaired during crisis
New risks and opportunities
Central Banking convened a panel of experts to discuss how central banks and other authorities are making use of new risk-based assessment techniques to remain ahead of the fintech curve.
Philip Lane on systemic risk, transparency and Brexit
The Central Bank of Ireland governor speaks with Dan Hardie and Chris Jeffery about transparency, shadow banking, ECB succession and tackling systemic banking risk in the eurozone
Irish central bank may force banks to act on gender diversity
Deputy governor Donnery says central bank may act if voluntary agreements do not work
The move to risk‑based supervision
Rapid regulatory change has led to a steep increase in data volumes and policies, and a new environment has opened up for discussions on effective regulatory supervision and a transition to risk-based supervision.
Volume of regulatory data a challenge for firms, experts say
Regulators need “right tools” to extract value from high volumes of data
Irish deputy governor warns of Brexit risks
But Ed Sibley says “much of the heat has gone out of regulatory arbitrage issue”
Book notes: The paradox of vulnerability, by John Campbell and John Hall
Quality of national institutions vital to handling financial crises, say authors