Organisation: Central Bank of Ireland
LEI 635400OAUSKT6BT5UZ19, SWIFT IRCEIE2DXXX

The Central Bank’s primary objectives have been set out in legislation. Its Strategic Responsibilities as outlined below are aligned to these objectives. The Central Bank is responsible for contributing to the formulation of Eurosystem monetary policy and helping to ensure that the Euro area inflation objective is achieved. It supports the Governor in his role as a member of the Governing Council of the European Central Bank (ECB). The primary objective of the ECB’s monetary policy is to maintain price stability. The Central Bank has an explicit mandate in domestic and European legislation to contribute to financial stability in Ireland and at euro area and EU levels. It does so by enhancing the macro-prudential policy framework by further developing a suite of indicators to assess systemic risks, developing macro-prudential tools to address emerging risks, conducting analytical research to inform on the calibration of these tools, and evaluating the effectiveness of these tools in limiting systemic risk.