1. Central Bank publishes consultation paper on prohibition notices under the F&P regime
On 28 January 2026, the Central Bank of Ireland (“Central Bank) published a consultation paper on prohibition notices under the fitness and probity (“F&P”) regime (“CP166”).
The Central Bank has highlighted that CP166 is separate from its 2025 consultation an amendments to the F&P regime (CP160) – for more information, see FIG Top 5 at 5 dated 27 November 2025.
Under the F&P regime, the Central Bank may impose a prohibition on an individual where they do not meet the required standards of F&P. CP166 aims to gather feedback from stakeholders regarding the approach taken by the Central Bank to prohibition.
