The Central Bank of Ireland has published its 2025 Annual Report and Annual Performance Statement, setting out a year in which it brought the modernised Consumer Protection Code into force, implemented a new supervisory approach centred on four safeguarding outcomes, and progressed major EU regulatory regimes including the Markets in Crypto-Assets Regulation, the Digital Operational Resilience Act and the EU AI Act. The report also records new operational work on enforcement, scam prevention and access to cash infrastructure. Key measures in 2025 included the creation of multi-disciplinary supervisory teams, a dedicated unit to investigate and prosecute offences under financial services legislation, and the Central Bank’s designation as a Trusted Flagger to support removal of illegal online content by certain large technology firms. The report highlights further work on the Innovation Sandbox, with seven projects under the 2025 theme of combatting financial crime, and the start of the Central Bank’s responsibilities under the Finance Provision of Access to Cash Infrastructure Act 2025, including registration of cash-in-transit companies and ATM deployers, designation of compliance entities and two public consultations. In remarks accompanying the publication, Governor Gabriel Makhlouf said inflation had continued to moderate across advanced economies in 2025 but warned that uncertainty remained, including higher energy commodity prices linked to the war in Iran.
Central Bank of Ireland2026-06-05
Central Bank of Ireland publishes 2025 annual report highlighting new supervisory framework and consumer protection reforms
The Central Bank of Ireland’s 2025 Annual Report and Performance Statement outlines implementation of the modernised Consumer Protection Code, a new supervisory approach focused on four safeguarding outcomes, and work on EU regimes including the Markets in Crypto-Assets Regulation, the Digital Operational Resilience Act and the EU Artificial Intelligence Act. It details new enforcement and scam-prevention initiatives, its designation as a Trusted Flagger for illegal online content, expansion of its Innovation Sandbox, and its new statutory role under the Finance Provision of Access to Cash Infrastructure Act 2025. Governor Gabriel Makhlouf noted moderating inflation in advanced economies but highlighted ongoing uncertainty, including higher energy prices linked to the war in Iran.