02302cas a2200241 a 4500 AALejournalIMF014413 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498311854 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Ireland : Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (201 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Detailed Assessment of Observance assessment of Ireland was carried out using the 2011 International Organization of Securities Commissions (IOSCO) Methodology for Assessing Implementation of the IOSCO Principles. The legal framework is robust and provides the Central Bank of Ireland with broad supervisory, investigative and enforcement powers. There are arrangements for on-site and off-site monitoring of regulated entities. Thematic reviews in selected areas have complemented such monitoring. The Central Bank and the Irish Stock Exchange have also developed sound systems for market surveillance. Certain aspects of the legal provisions regarding the governance structure of the Central Bank of Ireland raise concerns about its independence, although there were no indications of any interference with day-to-day operations. The regime that applies to entities that have issued their securities to the public where their securities are not admitted to trading on a regulated market needs to be strengthened. The Central Bank of Ireland lacks the power to appoint administrators to investments firms in the event of financial difficulties within the firm. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/136 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/136/002.2014.issue-136-en.xml IMF e-Library