(LRC Revised)

Number 26 of 2013

CENTRAL BANK (SUPERVISION AND ENFORCEMENT) ACT 2013

REVISED

Updated to 10 April 2026

Changes to legislation

as of 10 July 2026, there are changes to this Act which have not been implemented by the Revised Acts editorial team, see highlighted entries

here

. Note that some amendments may not be in force until commenced by a commencement order or other provision.

This Revised Act is an administrative consolidation of the

Central Bank (Supervision And Enforcement) Act 2013

. It is prepared by the Law Reform Commission in accordance with its function under

the

Law Reform Commission Act 1975

(3/1975) to keep the law under review and to undertake revision and consolidation

of statute law.

All Acts up to and including the

Assisted Decision-Making (Capacity) (Amendment) Act 2026

(8/2026), enacted 31 March 2026, and all statutory instruments up to

and including the

Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Housing Loan

Requirements) (Amendment) Regulations 2026

(S.I. No. 141 of 2026), made 10 April 2026, were considered in the

preparation of this Revised Act.

Disclaimer: While every care has been taken in the preparation of this Revised Act,

the Law Reform Commission can assume no responsibility for and give no guarantees,

undertakings or warranties concerning the accuracy, completeness or up to date nature

of the information provided and does not accept any liability whatsoever arising from

any errors or omissions. Please notify any errors, omissions and comments by email

to

revisedacts@lawreform.ie.

Number

26

of

2013

CENTRAL BANK (SUPERVISION AND ENFORCEMENT) ACT 2013

REVISED

Updated to 10 April 2026

ARRANGEMENT OF SECTIONS

PART 1

Preliminary

Section

1. Short title, collective citation and construction.

2. Commencement.

3. Interpretation.

4. Repeals and revocations.

5. Amendments.

6. Savings and transitional provisions.

PART 2

Provision of Report to Bank

7. Interpretation

(

Part 2

).

8. Persons to whom this Part applies.

9. Giving of notice to reviewee to provide a report.

10. Matters to which Bank shall have regard before giving notice under

section 9.

11. The reviewer.

12. Contract with reviewer.

13. Cost of report.

14. Assisting the reviewer.

15. Duty of reviewee to ensure performance of reviewer’s functions.

16. Reviewer to provide explanation to the Bank.

17. Bank not bound by report nor liable for it.

18. Offence of providing false information to a reviewer.

19. Bank may apply to High Court for an order.

20. Guidelines for reviewees and reviewers.

PART 3

Information, etc.

Chapter 1

Introductory

21. Persons to whom this Part applies.

Chapter 2

Bank’s power to gather information, etc.

22. Power of Bank to require information, records, plans, etc.

23. Form of information, etc.

Chapter 3

Authorised officers

24. Appointment of authorised officers.

25. Warrant of appointment.

26. Power of authorised officer to enter premises.

27. Powers of authorised officer.

28. Warrant required to enter premises.

29. Authorised officer may attend meetings.

Chapter 4

Supplementary

30. Provision of information, record or other document not to be treated as breach

or to affect lien.

31. Failure to comply with a requirement.

32. Offence.

33. Privileged

legal material.

(Repealed)

34. Use of information.

PART 3A

Voluntary disclosure of privileged legal

material

34A. Voluntary disclosure of privileged legal material.

34B. Determination by court as to whether legal professional privilege applies.

PART 4

Auditor Assurance

35. Amendment of Central Bank Act 1997.

36. Amendment of section 27G of Central Bank Act 1997.

PART 5

Protection for Persons Reporting Breaches

37. Definitions (

Part 5

).

38. Protected disclosure.

39. Guidelines for persons referred to in

section 38(2)(a)

.

40. Protection from civil liability of persons who have made a protected disclosure.

41. Protection of employees from penalisation for making a protected disclosure.

42. Tortious liability of person for victimisation.

PART 6

Customer Protection

43. Bank’s power to direct redress for customers.

44. Actions for damages.

PART 7

Bank’s Power to Give Directions

45. Bank’s power to give directions.

46. Prior approval of High Court for certain proceedings.

47. Bank may apply to High Court for orders enforcing directions.

47A. Financial holding companies and mixed financial holding companies.

PART 8

Bank’s Power to Make Regulations

48. Bank’s power to make regulations.

49. Consultation before making regulations.

50. Matters to which Bank to have regard when making regulations.

50A. Assessment of costs and benefits of regulations.

51. Supplementary provisions relating to regulations.

PART 9

Enforcement

52. High Court enforcement orders on application by Bank.

53. Notices to the public.

54. Restitution orders.

55. Prosecution of offences.

56. Copies of documents for juries.

57. Convicted person liable for costs and expenses of investigation and proceedings.

58. Limitation of liability.

PART 10

Extension of Part V of Central Bank Act 1997 to Debt Management Firms, etc.

59. Amendment of section 28 of Central Bank Act 1997.

60. Amendment of section 31 of Central Bank Act 1997.

61. Amendment of section 31A of Central Bank Act 1997.

62. Amendment of section 32A of Central Bank Act 1997.

63. Amendment of section 33A of Central Bank Act 1997.

64. Transitional provision for existing debt management firms.

65. Amendment of section 36 of Central Bank Act 1997.

66. Amendment of section 36A of Central Bank Act 1997.

PART 11

Amendments to Part IIIC of Act of 1942

67. Amendment of section 33AO of Act of 1942.

68. Amendment of section 33AQ of Act of 1942.

69. Amendment of section 33AV of Act of 1942.

70. Amendment of section 33BA of Act of 1942.

71. Amendment of section 33BC of Act of 1942.

PART 12

Other Amendments to Financial Services Legislation

72. Ombudsman’s report to include information about complaints.

73. Third country branches.

74. Amendment of section 76 of Central Bank Act 1989.

75. Amendment of section 43 of Investment Intermediaries Act 1995.

76. Amendment of section 30 of Consumer Credit Act 1995.

77. Amendment of section 45 of Consumer Credit Act 1995.

78. Amendment of section 149 of Consumer Credit Act 1995.

79. Amendment of section 27 of Central Bank Act 1997.

80. Amendments of Investor Compensation Act 1998.

81. Amendment of Financial Services (Deposit Guarantee Scheme) Act 2009.

82. Amendment of Central Bank and Credit Institutions (Resolution) Act 2011.

PART 13

Miscellaneous

83. Amendment of section 1 of Insurance Act 1964.

84. Amendment of section 6 of Insurance Act 1964.

85. Amendment of section 4 of Landlord and Tenant Act (Ground Rents) (No. 2) Act 1978.

86. Amendment of section 4 of Landlord and Tenant (Amendment) Act 1980.

87. Amendment of section 3 of Companies (Amendment) Act 1990.

88. Disclosure to Bank of tax information about qualifying companies and FVCs.

89. Amendment of section 11 of Electronic Commerce Act 2000.

90. Amendment of Planning and Development Act 2000.

91. Amendment of section 56 of Personal Injuries Assessment Board Act 2003.

92. Amendment of Credit Institutions (Financial Support) Act 2008.

93. Amendment of section 38 of Credit Institutions (Stabilisation) Act 2010.

94. Amendment of section 6 of Irish Bank Resolution Corporation Act 2013.

SCHEDULE 1

Repeals and Revocations

PART 1

Repeals

PART 2

Revocations

SCHEDULE 2

Amendments of Central Bank Acts

PART 1

Amendments of Central Bank Act 1942

PART 2

Amendments of Central Bank Act 1971

PART 3

Amendment of Central Bank Act 1997

PART 4

Amendments of Central Bank Reform Act 2010

PART 5

Amendments of Central Bank and Credit Institutions (Resolution) Act 2011

SCHEDULE 3

Amendments of Certain other Acts

PART 1

Amendments of Investment Intermediaries Act 1995

PART 2

Amendments of Credit Union Act 1997

PART 3

Amendments of Investor Compensation Act 1998

PART 4

Amendment of Financial Services (Deposit Guarantee Scheme) Act 2009

SCHEDULE 4

Amendments of Certain Statutory Instruments

PART 1

Amendments of European Communities (Markets in Financial Instruments) Regulations

2007

PART 2

Amendments of European Communities (Insurance and Reinsurance Groups Supplementary

Supervision) Regulations 2007

PART 3

Amendments of European Communities (Information on the Payer Accompanying Transfers

of Funds) Regulations 2007

PART 4

Amendment of European Communities (Reorganisation and Winding-up of Credit Institutions)

Regulations 2011

SCHEDULE 5

Redress for Contravention of

section 41

(1)

Acts Referred to

Asset Covered Securities Act 2001

2001, No. 47

Bankers’ Books Evidence Act 1879

42 & 43. Vict., c. 11

Bankruptcy Act 1988

1988, No. 27

Building Societies Act 1989

1989, No. 17

Central Bank Act 1942

1942, No. 22

Central Bank Act 1971

1971, No. 24

Central Bank Act 1989

1989, No. 16

Central Bank Act 1997

1997, No. 8

Central Bank Acts 1942 to 2012

Central Bank and Credit Institutions (Resolutions) Act 2011

2011, No. 27

Central Bank Reform Act 2010

2010, No. 23

Charities Act 2009

2009, No. 6

Companies Act 1963

1963, No. 33

Companies Act 1990

1990, No. 33

Companies (Amendment) Act 1990

1990, No. 27

Consumer Credit Act 1995

1995, No. 24

Consumer Protection Act 2007

2007, No. 19

Credit Institutions (Financial Support) Act 2008

2008, No. 18

Credit Institutions (Stabilisation) Act 2010

2010, No. 36

Credit Union Act 1997

1997, No. 15

Credit Union and Co-operation with Overseas Regulators Act 2012

2012, No. 40

Criminal Justice (Terrorist Offences) Act 2005

2005, No. 2

Debtors (Ireland) Act 1840

3 & 4 Vict., c. 105

Dormant Accounts Act 2001

2001, No. 32

Electronic Commerce Act 2000

2000, No. 27

European Communities (Amendment) Act 1993

1993, No. 25

Financial Services (Deposit Guarantee Scheme) Act 2009

2009, No. 13

Financial Transfers Act 1992

1992, No. 27

Insurance (No. 2) Act 1983

1983, No. 29

Insurance Act 1964

1964, No. 18

Insurance Act 1989

1989, No. 3

Investment Funds, Companies and Miscellaneous Provisions Act 2005

2005, No. 12

Investment Intermediaries Act 1995

1995, No. 11

Investment Limited Partnerships Act 1994

1994, No. 24

Investor Compensation Act 1998

1998, No. 37

Irish Bank Resolution Corporation Act 2013

2013, No. 2

Landlord and Tenant (Amendment) Act 1980

1980, No. 10

Landlord and Tenant (Ground Rents) Act 1967

1967, No. 3

Landlord and Tenant (Ground Rents) (No. 2) Act 1978

1978, No. 16

Personal Injuries Assessment Board Act 2003

2003, No. 46

Personal Insolvency Act 2012

2012, No. 44

Petty Sessions (Ireland) Act 1851

14 & 15. Vict., c. 93

Planning and Development Act 2000

2000, No. 30

Protection of Employees (Employers’ Insolvency) Act 1984

1984, No. 21

Protection of Employees (Fixed-Term Work) Act 2003

2003, No. 29

Succession Act 1965

1965, No. 27

Taxes Consolidation Act 1997

1997, No. 39

Trustee Savings Banks Act 1989

1989, No. 21

Unclaimed Life Assurance Policies Act 2003

2003, No. 2

Unfair Dismissals Act 1977

1977, No. 10

Unfair Dismissals Acts 1977 to 2007

Unit Trusts Act 1990

1990, No. 37

Number

26

of

2013

CENTRAL BANK (SUPERVISION AND ENFORCEMENT) ACT 2013

REVISED

Updated to 10 April 2026

AN ACT TO FURTHER PROVIDE FOR THE REGULATION AND SUPERVISION OF FINANCIAL SERVICE

PROVIDERS AND FINANCIAL SERVICES; TO FURTHER PROVIDE FOR THE ENFORCEMENT OF FINANCIAL

SERVICES LEGISLATION; TO PROVIDE FOR THE PROTECTION OF PERSONS REPORTING BREACHES;

FOR THOSE AND OTHER PURPOSES TO PROVIDE FOR AMENDMENTS TO, AND TO FURTHER AMEND AND

EXTEND, THE CENTRAL BANK ACTS 1942 TO 2012 AND CERTAIN OTHER ACTS AND STATUTORY INSTRUMENTS,

AND TO PROVIDE FOR RELATED MATTERS.

[11

th July

, 2013]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS

Annotations

Modifications (not altering text)

C1

Functions of Central Bank

under Act extended by

Criminal Justice (Money Laundering and Terrorist

Financing) Act 2010

(6/2010), s. 106D, as inserted (23.04.2021) by

Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act

2021

(3/2021), s. 25, S.I. No. 188 of 2021.

[Scope of Bank’s supervision -

performance of certain functions

106D.

(1) The functions

conferred on the Bank under—

(

a

) Parts II, IIIC, VIIA,

VIIIA and IX of the Act of 1942,

(

b

) Parts 3 and 4 of the

Central Bank Reform Act 2010

, and

(

c

) Parts 2, 3, 7

and 9 of the Central Bank (Supervision and Enforcement) Act 2013,

shall, in addition to being

performable for the purposes to which those provisions relate, be performable for

the purposes of ensuring compliance with the Fourth Money Laundering Directive,

the Fifth Money Laundering Directive and the Recommendations of FATF.

…

]

C2

Application of collectively cited

Central Bank Acts

restricted (15.07.2015) by

European Union (Bank Recovery and Resolution) Regulations 2015

(S.I. No. 289 of 2015), reg. 119(2)(a), in effect as per reg. 1(2).

Effect of special management.

119. ...

(2) The special management of the institution under resolution has effect notwithstanding

anything in—

(a) the Act of 1989, the Act of 2014 or the Central Bank Acts 1942 to 2014,

(b) any other rule of law or equity,

(c) any code of practice made under an enactment,

...

Annotations

Modifications (not altering text)

C1

Functions of Central Bank

under Act extended by

Criminal Justice (Money Laundering and Terrorist

Financing) Act 2010

(6/2010), s. 106D, as inserted (23.04.2021) by

Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act

2021

(3/2021), s. 25, S.I. No. 188 of 2021.

[Scope of Bank’s supervision -

performance of certain functions

106D.

(1) The functions

conferred on the Bank under—

(

a

) Parts II, IIIC, VIIA,

VIIIA and IX of the Act of 1942,

(

b

) Parts 3 and 4 of the

Central Bank Reform Act 2010

, and

(

c

) Parts 2, 3, 7

and 9 of the Central Bank (Supervision and Enforcement) Act 2013,

shall, in addition to being

performable for the purposes to which those provisions relate, be performable for

the purposes of ensuring compliance with the Fourth Money Laundering Directive,

the Fifth Money Laundering Directive and the Recommendations of FATF.

…

]

C2

Application of collectively cited

Central Bank Acts

restricted (15.07.2015) by

European Union (Bank Recovery and Resolution) Regulations 2015

(S.I. No. 289 of 2015), reg. 119(2)(a), in effect as per reg. 1(2).

Effect of special management.

119. ...

(2) The special management of the institution under resolution has effect notwithstanding

anything in—

(a) the Act of 1989, the Act of 2014 or the Central Bank Acts 1942 to 2014,

(b) any other rule of law or equity,

(c) any code of practice made under an enactment,

...

ARRANGEMENT OF SECTIONS

PART 1

Preliminary

Section

1. Short title, collective citation and construction.

2. Commencement.

3. Interpretation.

4. Repeals and revocations.

5. Amendments.

6. Savings and transitional provisions.

PART 2

Provision of Report to Bank

7. Interpretation

(

Part 2

).

8. Persons to whom this Part applies.

9. Giving of notice to reviewee to provide a report.

10. Matters to which Bank shall have regard before giving notice under

section 9.

11. The reviewer.

12. Contract with reviewer.

13. Cost of report.

14. Assisting the reviewer.

15. Duty of reviewee to ensure performance of reviewer’s functions.

16. Reviewer to provide explanation to the Bank.

17. Bank not bound by report nor liable for it.

18. Offence of providing false information to a reviewer.

19. Bank may apply to High Court for an order.

20. Guidelines for reviewees and reviewers.

PART 3

Information, etc.

Chapter 1

Introductory

21. Persons to whom this Part applies.

Chapter 2

Bank’s power to gather information, etc.

22. Power of Bank to require information, records, plans, etc.

23. Form of information, etc.

Chapter 3

Authorised officers

24. Appointment of authorised officers.

25. Warrant of appointment.

26. Power of authorised officer to enter premises.

27. Powers of authorised officer.

28. Warrant required to enter premises.

29. Authorised officer may attend meetings.

Chapter 4

Supplementary

30. Provision of information, record or other document not to be treated as breach

or to affect lien.

31. Failure to comply with a requirement.

32. Offence.

33. Privileged

legal material.

(Repealed)

34. Use of information.

PART 3A

Voluntary disclosure of privileged legal

material

34A. Voluntary disclosure of privileged legal material.

34B. Determination by court as to whether legal professional privilege applies.

PART 4

Auditor Assurance

35. Amendment of Central Bank Act 1997.

36. Amendment of section 27G of Central Bank Act 1997.

PART 5

Protection for Persons Reporting Breaches

37. Definitions (

Part 5

).

38. Protected disclosure.

39. Guidelines for persons referred to in

section 38(2)(a)

.

40. Protection from civil liability of persons who have made a protected disclosure.

41. Protection of employees from penalisation for making a protected disclosure.

42. Tortious liability of person for victimisation.

PART 6

Customer Protection

43. Bank’s power to direct redress for customers.

44. Actions for damages.

PART 7

Bank’s Power to Give Directions

45. Bank’s power to give directions.

46. Prior approval of High Court for certain proceedings.

47. Bank may apply to High Court for orders enforcing directions.

47A. Financial holding companies and mixed financial holding companies.

PART 8

Bank’s Power to Make Regulations

48. Bank’s power to make regulations.

49. Consultation before making regulations.

50. Matters to which Bank to have regard when making regulations.

50A. Assessment of costs and benefits of regulations.

51. Supplementary provisions relating to regulations.

PART 9

Enforcement

52. High Court enforcement orders on application by Bank.

53. Notices to the public.

54. Restitution orders.

55. Prosecution of offences.

56. Copies of documents for juries.

57. Convicted person liable for costs and expenses of investigation and proceedings.

58. Limitation of liability.

PART 10

Extension of Part V of Central Bank Act 1997 to Debt Management Firms, etc.

59. Amendment of section 28 of Central Bank Act 1997.

60. Amendment of section 31 of Central Bank Act 1997.

61. Amendment of section 31A of Central Bank Act 1997.

62. Amendment of section 32A of Central Bank Act 1997.

63. Amendment of section 33A of Central Bank Act 1997.

64. Transitional provision for existing debt management firms.

65. Amendment of section 36 of Central Bank Act 1997.

66. Amendment of section 36A of Central Bank Act 1997.

PART 11

Amendments to Part IIIC of Act of 1942

67. Amendment of section 33AO of Act of 1942.

68. Amendment of section 33AQ of Act of 1942.

69. Amendment of section 33AV of Act of 1942.

70. Amendment of section 33BA of Act of 1942.

71. Amendment of section 33BC of Act of 1942.

PART 12

Other Amendments to Financial Services Legislation

72. Ombudsman’s report to include information about complaints.

73. Third country branches.

74. Amendment of section 76 of Central Bank Act 1989.

75. Amendment of section 43 of Investment Intermediaries Act 1995.

76. Amendment of section 30 of Consumer Credit Act 1995.

77. Amendment of section 45 of Consumer Credit Act 1995.

78. Amendment of section 149 of Consumer Credit Act 1995.

79. Amendment of section 27 of Central Bank Act 1997.

80. Amendments of Investor Compensation Act 1998.

81. Amendment of Financial Services (Deposit Guarantee Scheme) Act 2009.

82. Amendment of Central Bank and Credit Institutions (Resolution) Act 2011.

PART 13

Miscellaneous

83. Amendment of section 1 of Insurance Act 1964.

84. Amendment of section 6 of Insurance Act 1964.

85. Amendment of section 4 of Landlord and Tenant Act (Ground Rents) (No. 2) Act 1978.

86. Amendment of section 4 of Landlord and Tenant (Amendment) Act 1980.

87. Amendment of section 3 of Companies (Amendment) Act 1990.

88. Disclosure to Bank of tax information about qualifying companies and FVCs.

89. Amendment of section 11 of Electronic Commerce Act 2000.

90. Amendment of Planning and Development Act 2000.

91. Amendment of section 56 of Personal Injuries Assessment Board Act 2003.

92. Amendment of Credit Institutions (Financial Support) Act 2008.

93. Amendment of section 38 of Credit Institutions (Stabilisation) Act 2010.

94. Amendment of section 6 of Irish Bank Resolution Corporation Act 2013.

SCHEDULE 1

Repeals and Revocations

PART 1

Repeals

PART 2

Revocations

SCHEDULE 2

Amendments of Central Bank Acts

PART 1

Amendments of Central Bank Act 1942

PART 2

Amendments of Central Bank Act 1971

PART 3

Amendment of Central Bank Act 1997

PART 4

Amendments of Central Bank Reform Act 2010

PART 5

Amendments of Central Bank and Credit Institutions (Resolution) Act 2011

SCHEDULE 3

Amendments of Certain other Acts

PART 1

Amendments of Investment Intermediaries Act 1995

PART 2

Amendments of Credit Union Act 1997

PART 3

Amendments of Investor Compensation Act 1998

PART 4

Amendment of Financial Services (Deposit Guarantee Scheme) Act 2009

SCHEDULE 4

Amendments of Certain Statutory Instruments

PART 1

Amendments of European Communities (Markets in Financial Instruments) Regulations

2007

PART 2

Amendments of European Communities (Insurance and Reinsurance Groups Supplementary

Supervision) Regulations 2007

PART 3

Amendments of European Communities (Information on the Payer Accompanying Transfers

of Funds) Regulations 2007

PART 4

Amendment of European Communities (Reorganisation and Winding-up of Credit Institutions)

Regulations 2011

SCHEDULE 5

Redress for Contravention of

section 41

(1)