Closing the Gaps: Collaboration in the Fight Against Economic Crime - Remarks by Deputy Governor Colm Kincaid at the Irish Criminal Justice Agencies Conference 2026
RegCanary analysis of a CBI publication
Why it matters
RegCanary's analysis of what this means for regulated firms.
While no new rules were announced, the remarks reinforce ongoing supervisory focus on AML/CFT, sanctions, and financial crime prevention. For compliance teams, this signals that information-sharing, effective suspicious activity reporting, and public-private partnerships are expected, not optional. Firms should review their financial crime frameworks, enhance training, and ensure board-level accountability.
The speech also highlights technology and data analytics in detecting illicit activity. Although no immediate action is required, firms should consider how to contribute to and benefit from improved collaboration. RegCanary recommends monitoring CBI communications for follow-up supervisory expectations.
Key takeaway: collaboration is a regulatory expectation, and firms investing in intelligence sharing and advanced compliance tools may gain a competitive advantage. No specific deadlines were mentioned.
Who this affects
Sectors and firm types identified in the analysis.
- General Regulation
Source
CBI
Original publication, 9 October 2026
Read the original publication centralbank.ieThis is RegCanary's analysis, not the regulator's text. It summarises and interprets the publication above; it is not the CBI's original wording, and it is not legal advice. Always rely on the original source.