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CBI Proposes F&P Reforms

CBI Proposes F&P Reforms

by Starling Insights

Starling Insights Editorial Board

Apr 30, 2025

Observations

Senior Managers Regimes Culture & Consequences Central Bank of Ireland Ireland Regulatory Trends The Era of Accountability Personal Liability & Accountability

Earlier this month, the Central Bank of Ireland (CBI) launched a consultation on reforms to its Fitness and Probity (F&P) regime aimed at ensuring transparency, fairness, and efficiency.

The proposal follows an independent review conducted by Andrea Enria, former Chair of the Supervisory Board of the European Central Bank, which was published last July. In an appendix to the proposal, the CBI provided draft guidance that consolidates F&P standards, addressing conflicts of interest, collective board suitability, and the relevance of past events to applications.

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