WebOct 1, 2024 · Irish law does not distinguish between universal, commercial or retail banks in terms of authorisation or regulation. ... As well as satisfying the fitness and probity requirements, individuals who are to be appointed to a PCF role must first be approved by the Central Bank (or, in the case of significant institutions, the ECB). The individual ... WebPCF-16 Branch Manager of branches in other EEA countries PCF-17 Head of Retail Sales PCF-42 Chief Operating Officer Insurance PCF-18 Head of Underwriting PCF-19 Head of Investment PCF-43 Head of Claims PCF-48 Head of Actuarial Function Banking PCF-21 …
Changes to CBI’s list of PCFs - deadline for impacted PCF roles of …
WebMar 4, 2024 · New controlled function roles proposed for Irish financial firms. The Central Bank of Ireland has proposed adding three new roles to the list of pre-approval controlled … WebJul 4, 2024 · In October 2024 and September 2024, the Central Bank of Ireland (“CBI”) amended the list of Pre-Approved Controlled Functions (“PCFs”) as follows: Introduction … highlighting design principle
Central Bank of Ireland - Split of the Designated Person (PCF …
WebApr 13, 2024 · The Central Bank of Ireland (CBI) has made a number of changes to its pre-approval controlled functions (PCF), including the introduction of an independent non … WebDec 7, 2024 · In preparation for the introduction of the IAF, the CBI has considered changes required to the existing list of PCF roles applicable to relevant Regulated Financial Service … WebOct 4, 2024 · On 22 September 2024, the Central Bank published a notice of intention to amend the Pre-Approval Controlled Functions ( PCF) list by bringing managers of branches Irish regulated financial services providers ( RFSPs) in non-EEA countries into scope, creating a stand-alone PCF for independent non-executive directors, introducing a PCF for … small pink bottle brush tree