Central Bank of Ireland Wins Transparency Award

Central Bank of IrelandThe Central Bank of Ireland has won the award for transparency in the annual Central Banking Awards.

Run by Central Banking Publications, the annual awards celebrate outstanding performance in the Central Banking community. As the overall winner in the transparency category, the Central Bank of Ireland was recognised for targeting stakeholders with high-quality, clear communication across internal and external channels.

Speaking on the announcement of the award, Philip R. Lane, Governor of the Central Bank of Ireland said

“Accountability and transparency are a key part of our strategy to safeguard stability and protect consumers. The award recognises our high standards of governance, risk management, transparency and accountability, and reflects our vision of being trusted by the public and respected by our peers.

I am delighted that the hard work of our staff has been recognised in this way. During this, our 75th year, the Central Bank of Ireland will continue to prioritise increasing understanding of our mandate and our public service.”

The win is a culmination of collaboration across the Central Bank. Contributing to it is work such as how we deal with Freedom of Information requests, the publication of the Commission minutes and transcripts of key media interviews, and transparency on things like our travel expenses, organisational policies and salary scales. In addition, our Dockland Campus with its Visitor Centre and archive facility enable the public to see inside the Central Bank in a way not previously possible.

The award will be presented at a ceremony in London on 1 March.

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