Oireachtas Joint and Select Committees

Wednesday, 10 November 2021

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

Corporation Tax Issues and General Scheme of the Central Bank (Individual Accountability Framework) Bill 2021: Minister for Finance

Photo of Jim O'CallaghanJim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source

The Minister spoke about the importance of ensuring that individual responsibility was effected through these additional conduct standards. If a sanction was to be imposed on an individual under this new legislation, it appears to me that there is nothing to prevent the employing company from paying that sanction. Is that consistent with the Minister's desire to ensure that it is an individual sanction for which the individual is responsible?

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