Central Bank of Ireland plans staff increase

Institution is already engaged in an ‘extensive review’ of its internal organisation

The Central Bank of Ireland will need to increase staff numbers in 2015, governor Patrick Honohan said this week, as it gets to grips with the new European and international regulations.

Part of the demand comes from the launch of the Single Supervisory Mechanism (SSM) on November 4, which Honohan said has resulted in "more work" for the Central Bank of Ireland.

"The procedures of the SSM require a further expansion of our bank supervisory staff as well as a reorganisation of their function," he

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