Oireachtas Joint and Select Committees

Wednesday, 30 November 2022

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

It states:

For the purposes of the section -

(a) a person has inherent responsibility for an aspect of the affairs of a regulated the financial services provider if -

(i) the person performs a pre-approval controlled function in relation to the regulated the financial service provider, and

(ii) the aspect of its affairs is specified in relation to that function by regulations made under section 48(2)(ba) of the Central Bank (Supervision and Enforcement) Act 2013.

Where is the section that changes 48(2)(ba)?

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