Ireland’s chief regulator gets tough on corporate governance

matthew-elderfield

Matthew Elderfield, Ireland's chief regulator, has pledged to crack down on poor governance in the Republic.

Elderfield, the head of regulation at the Central Bank of Ireland, on Tuesday signalled the central bank's intent to use new powers to sack bankers and insurers, and veto the appointment of those entering the industry. "We will be able to both act as gatekeepers for individuals entering the industry and to remove individuals from their posts," Elderfield said. "This means we will be able

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