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

I appreciate that and am aware that the regulated financial institutions have the responsibility under this law to provide the training but the Central Bank has the responsibility to provide the guidelines upon which the institutions will have to rely. We do not have the guidelines as yet and while there may be training going on, this is going to be hard to implement. The Minister has introduced more than 60 amendments so the institutions will want to see the guidelines. I presume the Central Bank will provide guidelines to individual organisations, through webinars and other means, on what it expects from them. Is there a timeline for the publication of the guidelines under this section?

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