REGULATOR GETS TOUGH
26
Jul, 2010
Meanwhile, the Sunday Tribune reported that the Financial Regulator plans to introduce tough new regulations this autumn that will lead to sweeping changes on the boards of Irish banks. Matthew Elderfield has told senior industry figures that the measures will be much tougher than the banks expect.
It remains unclear whether existing banking executives – and not just non- executive appointments – will face the tough new tests.
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