Central Bank of Ireland taps ex-ECB banking watchdog chief to review vetting regime for finance executives

Former ECB banking watchdog chairman Andrea Enrian has been hired by the Central Bank of Ireland to review its fitness and probity process. Photograph: Bloomberg banking supervisory chairman, Andrea Enria, to lead a review of its vetting regime for key finance positions, after an appeals body made a highly critical judgment about its refusal to approve a board nominee for a fund.

Mr Enria, an Italian economist, has served as chairman of the ECB’s Single Supervisory Board, which is in charge of supervision of euro-zone banks, between 2019 and the end of last year. He was previously chair of the European Banking Authority.

The case that came before Ifsat was a rare one where an individual pushed back against the regulator.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of Ireland to return €1.15bn to shareholders as earnings surgeBank of Ireland plans to return €1.15 billion to shareholders through dividends and share buybacks in the coming months, after reporting a surge in earnings on the back of higher interest rates and the purchase of loans from KBC Bank Ireland, as the Belgian-owned lender exits the market.
Source: IrishTimesBiz - 🏆 6. / 77 Read more »