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More than two thirds of survey respondents agreed with new rules, which will allow the Central Bank to fine individuals up to €1 million for rule-breaking
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Primary concerns for business owners are staff recruitment and retention, new regulations and business costs
The Central Bank has promised it will apply the enhanced Administrative Sanctions Procedure (ASP) to individuals in a way that takes account of the unique challenges they face compared to firms.
On 16 November 2023, the Central Bank of Ireland (the "Central Bank") published its feedback statement, revised draft Central Bank Regulations (on the Senior Executive Accountability...
New regulations to govern the conduct of senior executives in banks and financial services companies will comes into force on a phased basis