Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source

Seanad amendments Nos. 85 and 87 delete references to the risk management officer or compliance officer having the necessary experience to manage the functions of their role. This does not need to be provided for here as these standards will be set out under the fitness and probity regime which was agreed with the Commission on Credit Unions. These measures will be rolled out in credit unions over time and will take account of the size and scale of the credit unions.

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