The Central Bank delivers effective regulation and supervision in achieving its mandate of safeguarding financial stability and protecting consumers. It carries out its functions in the context of a harmonised approach to financial regulation across the European Union.
A key element in sustaining Ireland's attractiveness to financial services providers is the Central Bank's international credibility and reputation as a strong and independent regulator. The Bank does not, however, have a promotional mandate and is precluded from actively promoting Ireland as a location for international financial services activities. This responsibility lies instead with IDA Ireland, who continue to work assiduously to attract further financial services-related foreign direct investment to Ireland, whether Brexit-related or not.