OECD warns Central Bank to ensure consumer protection remains top priority as unit disbanded

The Organisation for Economic Co-operation and Development (OECD) emphasized the necessity for the Central Bank of Ireland to maintain its focus on consumer protection despite its structural changes.

The disbanding of the consumer protection unit has raised concerns among regulators and lawmakers, with Oireachtas Finance Committee chairman John McGuinness expressing his surprise and criticizing the Central Bank's lack of consultation.

Read at Irish Independent