The Irish Banking Crisis: Regulatory and Financial Stability Policy

Abstract

This report to the Irish Minister for Finance by the Governor of the Central Bank describes the the performance of the respective functions of the Central Bank and Financial Regulator in the period 2003-8 in order to arrive at a fuller understanding of the root causes of the systemic failures that led to the need for extraordinary support from the State to the Irish banking system.Ireland banking crisis; financial crises; financial stability policy