Oireachtas Joint and Select Committees

Wednesday, 30 June 2021

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

General Banking Matters: AIB

Photo of Alice-Mary HigginsAlice-Mary Higgins (Independent) | Oireachtas source

Considering the senior manager regime in the UK, what preparations might be under way here? We as a committee are keen to see this regime introduced. We have discussed it before. Are there preparations on that? Could Dr. Hunt comment on an issue that arose not in relation to AIB but in a wider discussion? This arose, for example, in the tracker mortgage scandal and others, in terms of GDPR, and people’s access to the information on their own accounts. Could he comment on changes or resources that have been allocated to ensure greater transparency under GDPR for individual clients and customers? Also, could he indicate what steps AIB might be taking in preparation for the senior executive accountability regime?

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