Central Bank – fitness and probity

Sir, – The Central Bank of Ireland, on its website, states: “The core function of the Fitness and Probity Regime is to ensure that individuals in key and customer-facing positions within a Regulated Financial Service Provider are competent and capable, honest, ethical and of integrity and also financially sound.”

The Central Bank Reform Act 2010 granted these powers.

When can we expect them to be used? – Yours, etc,