The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
@TheBadPlace@mastodon.ozioso.online
·
2d ago
News Headlines | Central Bank fiasco embroils RTÉ's new finance chief
AI generated summary, Read the full article for complete information.
The Central Bank’s fitness‑and‑probity vetting system – the gatekeeper that approves senior finance‑sector appointments – has been exposed as seriously flawed after two recent court rulings. A High Court judgment on 17 April condemned the Bank’s handling of a one‑year prohibition imposed on a former fund‑company CEO, finding multiple breaches of natural justice, denial of an oral hearing and a “box‑ticking” interview that caused disproportionate damage to his career and personal life. The decision‑maker, then Central Bank head of finance Annemarie Britz, later became RTÉ’s chief financial officer, sparking controversy over the appointment. This judgment follows a 2024 tribunal case that also rebuked the Bank’s procedures, prompting an independent review and reforms, yet critics argue the changes remain insufficient. Both cases occurred under Governor Gabriel Makhlouf’s tenure, who was recently re‑appointed for a second seven‑year term, leaving the credibility of Ireland’s financial‑regulation regime in question.
Read more: https://www.rte.ie/news/business/2026/0502/1571353-central-bank-court/
#CentralBank #GabrielMakhlouf #IrishFinancial #HighCourt #DavidBarniville #AnnemarieBritz #MariHurley #KevinBakhurst
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