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Financial Services Regulation

Dáil Éireann Debate, Thursday - 26 November 2015

Thursday, 26 November 2015

Ceisteanna (78)

Michael McGrath

Ceist:

78. Deputy Michael McGrath asked the Minister for Finance the number of persons who have not passed the Central Bank of Ireland’s fitness and probity regime in the banking and finance industry; and if he will make a statement on the matter. [42263/15]

Amharc ar fhreagra

Freagraí scríofa

The Central Bank has informed me that since the introduction of the Fitness and Probity Regime on 1 December 2011, the Central Bank has processed 11,936 pre-approval controlled function applications.

9,997 of these applications were approved, 1,391 were returned as incomplete submissions and 548 applications were withdrawn by either the applicant or proposing entity.

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