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ARTICLE · 28 AUGUST 2026

FIG Top 5 At 5 – 06/08/2026

The Central Bank of Ireland has issued comprehensive guidance on prohibition notices under its fitness and probity regime, while simultaneously releasing its second payment and e-money newsletter addressing critical compliance matters. These publications coincide with the second edition of the Financial Crime Bulletin, which emphasizes escalating fraud risks and the evolving AML/CFT supervisory framework across Ireland's financial services sector.

IrelandFinance and Banking

This week’s edition of the FIG Top 5 at 5

1. Central Bank publishes Supplemental Guidance on prohibition notices under the F&P Regime and Feedback Statement on Consultation Paper 166

On 30 July 2026, the Central Bank of Ireland (“Central Bank”) published supplemental guidance (the “Supplemental Guidance”) on prohibition notices under the fitness and probity regime (“F&P regime”) together with a related feedback statement (the “Feedback Statement”) on prohibition notices under the fitness and probity regime.

The Central Bank consulted on the matter in January 2026 – for more information, see FIG Top 5 at 5 dated 29 January 2026.

Under the F&P regime, the Central Bank may impose a prohibition on an individual where they do not meet the required standards of fitness and probity.

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