Difficulties Facing Banking Practitioners As A Result Of Covid-19

Due to the nature of their work, banking practitioners are often dependent on various public and private bodies and agents in respect of the completion of registrations, submissions and the carrying out of searches. Chief among these bodies are the Property Registration Authority (PRA) and the Companies Registration Office (CRO). The COVID-19 public health requirements have seen many such entities either temporarily close for business or limit the services that they provide. This is an unfortunate consequence of the pandemic and a hindrance for practitioners in carrying out their tasks within the time scales that we have come to expect. While there are limitations to what can be done at present, not all operations have ceased and creative alternative solutions can be utilised.