Communications and Publications
Notice I COVID-19 and Pre-approval Controlled Functions (PCF)
Find out how regulated firms should manage Pre-approval Controlled Functions (PCFs) vacancies at this time. Learn more in the COVID-19 Hub. (23 April 2020)
Announcements
September 2021
The Central Bank intends to make a number of amendments to the PCF list on the basis of its supervisory experience of the use of a number of current PCFs (i.e. PCF-2, PCF-15, PCF-30, (and PCF-31) and in view of the changing structure of, and landscape surrounding, the Irish financial services industry (in the context of PCF-16 Branch Manager of branches in other EEA countries).
Notice of Intention - Amendments to the List of Pre-Approval Controlled Functions (PCFs) | pdf 664 KB
June 2021
Fitness and Probity Interview Guide | pdf 937 KB
November 2020
Dear CEO Letter - Thematic Inspections of Compliance with Obligations under the Fitness and Probity Regime | pdf 157 KB
October 2020
Further to the Notice of Intention issued in February 2020, the Central Bank of Ireland is:
- Introducing three new Pre-Approval Controlled Functions (PCFs)
- Chief Information Officer (under the ‘General’ category)
- Head of Material Business Line (under the ‘Banking’ category)
- Head of Market Risk (under the ‘Banking’ category)
- Splitting PCF-39 Designated Person into six PCF roles aligned to the specific managerial functions.
Read the related Frequently Asked Questions and the Amending Regulations 2020 published on 9 October 2020.
Additions to the List of Pre-approval Controlled Functions - October 2020 | pdf 891 KB
File to use when submitting PCF39 In situ return (CCCCC_YYYYMMDD_IQA.xlsx) | xls 2842 KB
Guidance for Fund Management Companies: In Situ Process for the split of Pre-Approval Controlled Function (PCF-39 Designated Person) into six roles – October 2020 | pdf 1453 KB
February 2020
Notice of Intention - Additions to the list of PCFs February 2020 | pdf 862 KB
Consultations and Reports
Legal Notices