Oireachtas Joint and Select Committees

Thursday, 24 October 2019

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

Tracker Mortgages Report: Central Bank of Ireland

Ms Seána Cunningham:

Firms have a responsibility in the context of the fitness and probity regime in terms of the people they put forward for those roles and a variety of roles in financial services. Something we have been looking at in a supervisory capacity and from an enforcement perspective too is how financial services are discharging their obligations in the context of their own roles in looking at the fitness and probity of individuals working in firms because that is so important in the context of all of what we are talking about. We want firms to discharge their responsibilities in that regard in order to ensure that people working in financial services are fit and proper. We also play our part in that regard.

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