As part of the EU-IMF programme, the Government has published the Central Bank (Supervision and Enforcement) Bill 2011 which enhances the Central Bank's regulatory powers, drawing on the lessons of the recent past in Ireland and abroad. The Bill strengthens the ability of the Central Bank to impose and supervise compliance with regulatory requirements and undertake timely prudential interventions. It will provide the bank with greater access to information and analysis and underpin the credible enforcement of Irish financial services legislation in line with international best practice. The Bill has been welcomed in the formal European Central Bank opinion issued in recent days.