Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The intention of this section is to extend each pillar of the fitness and probity regime to holding companies in banking, insurance and the investment-firm sector and to individuals performing controlled functions in relation to those holding companies. This will introduce a uniform approach to fitness and probity across all regulated financial service providers and holding companies in banking, insurance and in the investment firm sector.