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:
The distinction may be in terms of whether it is a breach of a regulatory requirement that attracts a civil penalty or a breach of a matter that is a criminal offence. The outcome in respect of PTSB was 42 separate regulatory breaches, bringing into play the Central Bank's powers under the administrative sanctions procedure.
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