In a February 2021 speech at the Institute Bank of Ireland (CBI) Deputy Governor Ed Sibley said, “Our priorities are informed by our overarching aim for the financial system to be resilient and trustworthy, for it to sustainably serve the needs of the economy and its customers, and for firms and individuals within the system to adhere to a culture of fairness and high standards.”1
Sibley went on to explain that the CBI intends to improve governance, risk management, and culture in the firms it oversees. The central bank plans to do this by implementing:
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