Role of the Financial Regulator 

The purpose of the Financial Regulator is:

• to help consumers to make informed decisions on their financial affairs in a safe and fair market; and
• to foster sound dynamic financial institutions in Ireland

The Financial Regulator undertakes its role in a number of integrated ways:

• Rigorous authorisation procedures for entrants to the financial services market
• Supervision of financial service providers which focuses on their solvency and risk management processes
• Recurring compliance with consumer protection code so that financial service providers act in a fair and tranparent manner in their dealings with consumers
• Provision of independent information to consumers to raise awareness of the costs, risks and benefits of various financial services 

All IBA brokers must adhere to strict regulations regarding Consumer Protection and Prudential Regulations. They abide by the Consumer Protection Code (2007) and the Handbook of Prudential Requirements as well as various other legislative instruments.  The Consumer Protection Code is there to ensure that the consumer is given expert advice with their best interests at the heart of this advice.  To view the Consumer Protection Code (2007) please click here!

Click here for the Financial Regulators website - www.financialregulator.ie