Some credit unions don’t vet senior staff – Irish central bank
Some Irish credit unions need to address problems with their governance of senior management and board members, the country's central bank has said in a report published today (February 6).
The report set out the findings of a "thematic inspection" of Irish credit unions, based on a "fitness and probity" regime introduced in 2013. While the inspection had found some credit unions with "well embedded processes", others had a number of "issues of concern".
Due diligence of senior managers and
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