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
Bank bosses face tough new rules
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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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