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
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
This relates to financial institutions having to ensure that these criteria are met if they are allocating tasks, duties, or controlled functions to an individual. If a financial institution fails to do that, for example, by appointing a person as head of risk who does not have the necessary level of experience or knowledge, will the institution be in contravention of legislation?
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