RegSol Blog

Central Bank of Ireland Launches CP158 – Consumer Protection Code

March 2024

On 7th March 2024, following an extensive engagement exercise with a range of stakeholders, the Central Bank launched Consultation Paper 156 ‘Consultation Paper on the Consumer Protection Code’. The main thrust of CP158 is the replacement of the Code with Conduct of Business Regulations which retain the majority of the existing CPC but also have additions and amalgamate certain other CBI Codes such as the Code of Conduct on Mortgage Arrears.

The full text of the proposed ‘CENTRAL BANK (SUPERVISION AND ENFORCEMENT) ACT 2013 (SECTION 48) (CONDUCT OF BUSINESS) REGULATIONS 20[ ]’ are attached to the Consultation Paper. The consultation period runs for 3 months to the 7th June 2024 and submission can be made via email to

This consultation marks phase two of the review project with phase 3 involving implementation of the revised conduct of business rules which the CBI has indicated will likely occur in early 2025.

You can access the full Consultation Paper here:

CP158 - Consultation Paper on the Consumer Protection Code 

You can access the proposed Consumer Protection Regulations here: 


RegSol is currently compiling a white paper of changes/additions to the existing consumer protection code requirements. To register your interest in receiving this white paper please email with subject ‘CPC’.