Wednesday October 28, 2020

New rules could affect sales roles for bank staff

Bank staff who have taken career breaks or extended maternity leave may find themselves unable to work in sales roles when they return to work.

17th June, 2006

The country’s top banks have written to the Financial Regulator warning that new rules, which will take effect next year, could result in experienced staff being deemed unfit to sell loans and investment products.

The banks said the regulator needed to ensure that all long-serving staff with appropriate experience could avail of exemptions from the new rules.

The new regime will force all new entrants to the banking industry to pass exams and...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 9 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago