Central Bank ‘will not hesitate’ to act against individuals under new accountability laws
Regulator to tell Oireachtas committee that individuals in the finance sector ‘need to be clear what they are responsible for’ when it comes to policing the industry
The Central Bank “will not hesitate” to take enforcement action against individuals in the financial sector who commit wrongdoing as part of a new accountability regime, an Oireachtas committee will hear today.
Senior officials at the Central Bank will this afternoon tell the Oireachtas finance committee that new rules on individual accountability in the sector will offer a “proportionate and predictable framework” to help firms avoid falling foul of the law.
In prepared remarks circulated ...
