Central Bank Consultation On Prohibition Notices Concludes

On 30 July 2026, the Central Bank of Ireland (Central Bank) published a feedback statement (Feedback Statement) and supplemental guidance relating to prohibition notices under the Fitness and Probity regime (Supplemental Guidance).

This is the final step in CP166, a consultation commenced by the Central Bank in January this year, which focused on the prohibition procedure available to the Central Bank under the Fitness & Probity regime. The consultation invited comments on draft guidance providing additional clarity on how a decision is made to impose a prohibition, the nature, scope, and duration of a probation notice, and how a prohibition notice may be terminated (Draft Guidance). See our previous article here, which examines CP166 in detail.