Good evening ladies and gentlemen.
It is a pleasure to join you at this event today, which has been kindly organised by Duff and Phelps.
In preparing for this speech, it dawned on me that we are now nearly a third of the way through 2018. We have already seen MiFID II go live, while Brexit continues to edge closer and all of the CP86 obligations will be applicable from July. In a nutshell, the asset management sector continues to evolve at a rapid pace presenting both challenges and opportunities. This means that you all need to be planning for these changes and emerging risks, because as supervisors, we will not shy away from probing and asking the hard questions.
With that in mind, my plan today is to provide you with an insight into the Central Bank’s supervisory focus for 2018, covering the work we have done to date and what is planned for the rest of the year. I will start with two of those areas of supervisory focus that I am sure are front and centre in your thoughts, Fintec
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