RegSol Blog


Central Bank of Ireland - Administrative Sanctions Procedure Case referred to Inquiry in Respect of a Person Formerly Concerned in the Management of Permanent tsb plc.

November 2021

On the 10th November 2021, the Central Bank of Ireland, announced that it had conducted an investigation under the Administrative Sanctions Procedure and determined that there are reasonable grounds to suspect that a person formerly concerned in the management of Permanent TSB plc (PTSB) was involved in the commission of a suspected prescribed contravention of Chapter 1, General Principle 1 of the Consumer Protection Code 2006 by PTSB.

For the press release issued by the CBI and details of the Inquiry and Administrative Sanctions Procedures please see attached link:

Press Release: Central Bank Refers Administrative Sanctions Procedures Case to Inquiry in Respect of a Person Formerly Concerned in the Management of permanent tsb plc



By: Eilish Larkin - Regulatory Consultant