Oireachtas Joint and Select Committees
Wednesday, 7 December 2022
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (Resumed)
Paschal Donohoe (Dublin Central, Fine Gael)
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The Central Bank already has a regulatory standards committee in existence but the changes we are making here are partially prompted by the Zalewski case. The committee is already in existence within the bank which is why in turn the ability is there to invite or to require the attendance of a person other than the subject. Now the Minister will have an oversight role in relation to the committee which currently the bank has. That is somewhat extraneous to the Deputy's question but-----