The Irish Government has announced the creation of the Irish Financial Services Regulation (IFSR), f...
The Irish Government has announced the creation of the Irish Financial Services Regulation (IFSR), following proposals made in the McDowell Group Report. The report called for the integration of financial services regulation and consumer protection. The IFSR will be responsible for the regulation of fund, banking and insurance sectors as well as consumer protection. In addition, a financial service ombudsman is to be set up to deal with customer complaints as well as a consultative panel that will provide a forum for issues to be raised and analysed. Charlie McCreevy, minister...
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