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
The amendments are fine. There is no substance in them. I know the original draft had a similar type of wording, but this just clarifies the ECB’s competence in relation to significant regulated firms. To clarify, when we are talking about how it is not the Central Bank that has the function or authority to approve the pre-approval controlled functions in these firms, the firms we are talking about are AIB and Bank of Ireland. Is that it?
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