Central Bank of Ireland Publishes Supervisory Framework 'Our Approach to Supervision' (May 2026) (centralbank.ie)

• Central Bank's supervisory framework adopts outcomes-focused, risk-based, judgement-led, forward-looking principles with firms' responsibilities.
• Close & continuous supervision applies to firms with significant impact on financial stability, consumers, or integrity.
• The Bank uses multi-year strategic plans, publishes annual Regulatory & Supervisory Outlook, and employs enforcement tools for risk mitigation.

"The Central Bank of Ireland published 'Our Approach to Supervision' in May 2026, outlining its supervisory framework. The document details five supervisory principles (outcomes focused, risk-based, judgement led, forward looking, firms' responsibilities) and two supervisory approaches: sectoral supervision across three industry categories and close & continuous supervision for systemically important firms. It emphasises risk identification, prioritisation, and proportionate mitigation, including enforcement. The framework supports the Bank's mission to maintain financial stability and protect consumers, and it integrates with European supervisory mechanisms."