Enhanced Fitness and Probity Regime - Key Changes Announced by the Central Bank
The enhanced fitness and probity regime is due to come into effect on 1 December 2011. In the wake of much industry concern and growing calls for clarification and changes to the regime, the Central Bank of Ireland ("Central Bank") has just announced a range of changes, some of them very significant. This update highlights some key changes that will be welcomed by industry.
Please see attached for further information.