OECD report makes suggestions to improve consumer protections in Ireland

Ireland is the first country in the OECD to undergo a review of its consumer protection supervisory by the economic policy group

Gabriel Makhlouf, governor of the Central Bank of Ireland. OECD said the body has appropriate policies to identify risks to consumers and improve outcomes. 

The Central Bank of Ireland (CBI) is being urged to better engage with consumers through surveys and regular engagements with small businesses to improve its consumer supervisory function.

Ireland is the first country in the Organisation for Economic Co-operation and Development (OECD) to undergo a review of its consumer protection supervisory by the economic policy group.