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Following its initial Dear CEO letter in April 2019,
the Central Bank of Ireland in November 2020 issued a subsequent
letter to the management of all regulated financial service
providers ( Firms ) following inspections in the
insurance and banking sectors . Firms must now review their
existing frameworks and address any shortcomings identified.
Following its initial Dear CEO letter in April 2019
( 2019 Letter ), the Central Bank of Ireland
( Central Bank ) in November 2020 issued a subsequent letter to
the management of all regulated financial service providers
( Firms ) following inspections in the insurance and