Reinforcing the foundations - openness through resilience in the face of change - Speech by Deputy Governor McMunn at PWC
Why this matters
Deputy Governor McMunn's speech addresses governance and delegation practices in Irish fund management companies, with focus on operational resilience, AI governance, and supervisory expectations. The Central Bank published a delegation review covering 121 FMCs and announced plans for a governance framework review in 2027. This is informational/policy guidance rather than urgent enforcement action.
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What the CBI said
Good morning, I am delighted to be here and many thanks to Andrea for the invitation. 1 I very much look forward to the discussion and to hearing from you, but first of all I would like to set the scene with some perspectives on the environment we are operating in. Last month I set out my views on some of the key…
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Context
Central Bank of Ireland (CBI) — Ireland's central bank and financial services regulator. We track 287 updates from them.
Ireland's Central Bank regulates funds and banking sectors. Browse all Ireland updates.
This update is classified under Operational Resilience / Outsourcing, Senior Managers / Governance, Technology & Cyber and Investment Management.