Wednesday September 23, 2020

Bank bosses face tough new rules

The Central Bank is beginning a comprehensive review of the suitability of bank executives to hold senior positions in the country’s largest financial institutions, The Sunday Business Post has learned.

19th March, 2011
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The Central Bank is beginning a comprehensive review of the suitability of bank executives to hold senior positions in the country’s largest financial institutions, The Sunday Business Post has learned.

Financial regulator Matthew Elderfield is publishing a consultation document and inviting responses on a new ‘‘fitness and probity’’ regime for people who hold key positions of responsibility in the banks.

The consultation is a major step towards imposing tough,...

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