Irish government looks to lift restrictions on central bank disclosure

Dublin
Dublin, Ireland

The Irish government wants to pass new legislation that will enable the central bank to submit confidential information to parliamentary committees – a move prompted by the launch of an inquiry into the country's banking crisis.

Under the existing Central Bank Act 1942, employees are forbidden from disclosing "confidential information" they have come to learn through their job, regardless of whether it concerns an outside individual or company, or the bank itself.

There are some exemptions. Empl

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