Skip to main content
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 28 October 2011 - onwards
Version 3 of 3

6A. Objectives of Bank in discharging ESCB functions, etc.

(1) In discharging its functions and exercising its powers as part of the European System of Central Banks, the primary objective of the Bank is to maintain price stability.

(2) The Bank also has the following objectives:

(a) the stability of the financial system overall;

(b) the proper and effective regulation of financial service providers and markets, while ensuring that the best interests of consumers of financial services are protected;

(c) the efficient and effective operation of payment and settlement systems;

(ca) the resolution of financial difficulties in credit institutions;

(d) the provision of analysis and comment to support national economic policy development;

(e) the discharge of such other functions and powers as are conferred on it by law.