A chara, – The hand-wringing among company directors over the Central Bank’s powers to sanction them for financial misconduct emphasises how necessary such powers are (News, September 11th).
The myth of the self-regulating financial sector is repeated throughout the boom-bust economic cycles of the previous decades. A common thread throughout is the lack of individual accountability for those responsible. Some executives and lawyers would prefer if the rules stopped applying to them. As such, the Central Bank should be supported to ensure they are empowered to hold powerful figures to the standard we expect all law-abiding citizens to follow. – Yours, etc,
CONOR MacNAMARA,
Malahide,
READ MORE
Ann Ingle: Deliberately going out of my way to move for no particular reason has never appealed to me
Gerry Thornley: How about an alternative look at Ireland’s Six Nations win over England?
Is Ireland anti-Semitic, an outlier of tolerance or in the middle ground?
How risky is it to buy a second-hand EV?
Co Dublin.
