Oireachtas Joint and Select Committees

Thursday, 4 October 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Behaviour and Culture of the Irish Retail Banks Report: Central Bank of Ireland

9:30 am

Professor Philip Lane:

I mean for this extra step. The individual accountability framework is not part of the current regulations. The UK introduced something similar about two or three years ago. We think the manner in which one holds senior executives to account is an extra step. I will ask Ms Rowland to elaborate on it.

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