Central Bank to inspect biggest banks on-site as part of tracker probe

The Central Bank’s director general for financial conduct, Derville Rowland, says the regulator is also considering holding individual bank executives personally accountable

Central Bank’s director general for financial conduct, Derville Rowland

The Central Bank will begin on-site inspections of the country’s biggest lenders in March, as part of its tracker mortgage investigation.

Writing in today’s Sunday Business Post, the Central Bank’s director general for financial conduct, Derville Rowland, said the regulator was also considering holding individual bank executives personally accountable if they were found to have done wrong.

“While we are forensically investigating, it is also important to remember that the board members and ...