Central Bank and Financial Regulator announce new Irish corporate governance standards for banks and insurance companies
Apr 27th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Central Bank and Financial Regulator today announced the commencement of a public consultation on new Irish corporate governance standards for banks and insurance companies. Consultation Paper CP41 on Corporate Governance Requirements for Credit Institutions and Insurance Undertakings sets out minimum requirements as to how banks and insurance companies should organise the governance of their institutions including membership of the Board of Directors, the role of the Chairman and the operation of various board committees