New Winding-Up Powers for the Central Bank of Ireland: What Irish (Re)Insurers Need to Know
New Central Bank Winding-Up Powers Strengthen the Oversight of Irish (Re)Insurers
Eoin Caufield is a Partner and Head of our Insurance Department. Eoin joined the Firm in 1995. His practice involves a combination of insurance and reinsurance work, both on the non-life and life side, together with a general corporate and financial services client base.
Eoin is a member of the Insurance Institute of Ireland and the British Insurance Law Association. He is a former committee member of the International Bar Association Insurance Committee. Recent speaking involvements include Financial Services Ireland; Insurance Ireland and the European Insurance Forum. In addition to his legal qualifications he holds an MBS (Financial Services) and an affiliation to the Society of Actuaries in Ireland.
Recent significant transactions include advising:
Array
(
[0] => WP_Term Object
(
[term_id] => 49
[name] => Article and Insights
[slug] => articlesinsights
[term_group] => 0
[term_taxonomy_id] => 49
[taxonomy] => category
[description] =>
[parent] => 0
[count] => 5487
[filter] => raw
[cat_ID] => 49
[category_count] => 5487
[category_description] =>
[cat_name] => Article and Insights
[category_nicename] => articlesinsights
[category_parent] => 0
)
)
New Central Bank Winding-Up Powers Strengthen the Oversight of Irish (Re)Insurers
Array
(
[0] => WP_Term Object
(
[term_id] => 49
[name] => Article and Insights
[slug] => articlesinsights
[term_group] => 0
[term_taxonomy_id] => 49
[taxonomy] => category
[description] =>
[parent] => 0
[count] => 5487
[filter] => raw
[cat_ID] => 49
[category_count] => 5487
[category_description] =>
[cat_name] => Article and Insights
[category_nicename] => articlesinsights
[category_parent] => 0
)
)
The Central Bank finalises its guidance on fitness and probity prohibition notices as CP166 concludes.
Array
(
[0] => WP_Term Object
(
[term_id] => 49
[name] => Article and Insights
[slug] => articlesinsights
[term_group] => 0
[term_taxonomy_id] => 49
[taxonomy] => category
[description] =>
[parent] => 0
[count] => 5487
[filter] => raw
[cat_ID] => 49
[category_count] => 5487
[category_description] =>
[cat_name] => Article and Insights
[category_nicename] => articlesinsights
[category_parent] => 0
)
)
Central Bank of Ireland launches consultation on proposed updates to Domestic Actuarial Regime and Solvency II governance requirements.
Array
(
[0] => WP_Term Object
(
[term_id] => 49
[name] => Article and Insights
[slug] => articlesinsights
[term_group] => 0
[term_taxonomy_id] => 49
[taxonomy] => category
[description] =>
[parent] => 0
[count] => 5487
[filter] => raw
[cat_ID] => 49
[category_count] => 5487
[category_description] =>
[cat_name] => Article and Insights
[category_nicename] => articlesinsights
[category_parent] => 0
)
)
Central Bank of Ireland calls for feedback on regulatory impact assessments and public consultation framework.
Array
(
[0] => WP_Term Object
(
[term_id] => 49
[name] => Article and Insights
[slug] => articlesinsights
[term_group] => 0
[term_taxonomy_id] => 49
[taxonomy] => category
[description] =>
[parent] => 0
[count] => 5487
[filter] => raw
[cat_ID] => 49
[category_count] => 5487
[category_description] =>
[cat_name] => Article and Insights
[category_nicename] => articlesinsights
[category_parent] => 0
)
)
The new Irish rules modernise distance financial services contracts and strengthen consumer protections.
Array
(
[0] => WP_Term Object
(
[term_id] => 49
[name] => Article and Insights
[slug] => articlesinsights
[term_group] => 0
[term_taxonomy_id] => 49
[taxonomy] => category
[description] =>
[parent] => 0
[count] => 5487
[filter] => raw
[cat_ID] => 49
[category_count] => 5487
[category_description] =>
[cat_name] => Article and Insights
[category_nicename] => articlesinsights
[category_parent] => 0
)
)
The Central Bank of Ireland updates the supervisory approach set out in their "Our Approach to Supervision" document.
Array
(
[0] => WP_Term Object
(
[term_id] => 49
[name] => Article and Insights
[slug] => articlesinsights
[term_group] => 0
[term_taxonomy_id] => 49
[taxonomy] => category
[description] =>
[parent] => 0
[count] => 5487
[filter] => raw
[cat_ID] => 49
[category_count] => 5487
[category_description] =>
[cat_name] => Article and Insights
[category_nicename] => articlesinsights
[category_parent] => 0
)
)
Central Bank publishes report confirming all twelve recommendations from Andrea Enria's Fitness and Probity review have been implemented.
Array
(
[0] => WP_Term Object
(
[term_id] => 49
[name] => Article and Insights
[slug] => articlesinsights
[term_group] => 0
[term_taxonomy_id] => 49
[taxonomy] => category
[description] =>
[parent] => 0
[count] => 5487
[filter] => raw
[cat_ID] => 49
[category_count] => 5487
[category_description] =>
[cat_name] => Article and Insights
[category_nicename] => articlesinsights
[category_parent] => 0
)
)
The FSPO has published its Overview of Complaints for 2025, outlining key trends across Ireland's financial services sector.
Array
(
[0] => WP_Term Object
(
[term_id] => 49
[name] => Article and Insights
[slug] => articlesinsights
[term_group] => 0
[term_taxonomy_id] => 49
[taxonomy] => category
[description] =>
[parent] => 0
[count] => 5487
[filter] => raw
[cat_ID] => 49
[category_count] => 5487
[category_description] =>
[cat_name] => Article and Insights
[category_nicename] => articlesinsights
[category_parent] => 0
)
)
The Central Bank’s 2025 Authorisations and Gatekeeping Report outlines regulatory authorisation activity and oversight across Ireland’s financial s...
Array
(
[0] => WP_Term Object
(
[term_id] => 49
[name] => Article and Insights
[slug] => articlesinsights
[term_group] => 0
[term_taxonomy_id] => 49
[taxonomy] => category
[description] =>
[parent] => 0
[count] => 5487
[filter] => raw
[cat_ID] => 49
[category_count] => 5487
[category_description] =>
[cat_name] => Article and Insights
[category_nicename] => articlesinsights
[category_parent] => 0
)
)
The latest Insurance Quarterly newsletter highlights several supervisory updates of interest to Irish (re)insurers.