The Central Bank shall not rely on any contract, including a contract of employment, with a person exercising the functions of deciding to issue or confirm a suspension notice or to impose a prohibition, in any respect that may affect the person\u2019s independence in the exercise of that function. The persons exercising these functions will be appointed from a panel established.<\/p>\n
This will include members of the Bank\u2019s staff, and external persons who will be paid by the Bank to exercise the functions concerned. The standards of fairness in the administration of justice required in light of the decision of the Supreme Court in the case of Zalewski v. An Adjudication Officer and Others (2021) require that the independence of decision-makers vis-\u00e0-vis the Bank be adequately safeguarded.<\/p>\n\n
\n <\/div>\n\n","protected":false},"excerpt":{"rendered":"
Extending F&P Regime The 2023 Act makes a series of amendments to Part 3 of the Central Bank Reform Act 2010, which deals with the Central Bank\u2019s Fitness and Probity (F&P) Regime. These amendments will extend the F&P regime to certain categories of holding company and persons performing controlled functions in relation to them. They […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[166],"tags":[],"_links":{"self":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/28263"}],"collection":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/comments?post=28263"}],"version-history":[{"count":5,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/28263\/revisions"}],"predecessor-version":[{"id":30174,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/28263\/revisions\/30174"}],"wp:attachment":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/media?parent=28263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/categories?post=28263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/tags?post=28263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}