Data

Data watchdog’s Central Bank probe could impact bosses’ future career plans

Bank’s own fitness and probity rules require senior officials to disclose details of regulatory investigations if they are taking on top roles in financial services

The Central Bank of Ireland: facing one of the biggest fines ever imposed on a public body for a data breach it admitted to during the summer. Picture: Fergal Phillips

A major data breach at the Central Bank could impact the future career plans of its most senior officials, who will have to disclose details of an ongoing Data Protection Commission (DPC) probe if they apply for a top banking job in future.

Under the financial regulator’s own fitness and probity rules, individuals being appointed to senior roles at certain financial services companies have to tell their employer if an organisation where they held a ...