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CONCERNS HAVE BEEN raised over the number of positions left vacant across Ireland’s financial regulator.
The Central Bank is currently trying to hire people for at least 21 different positions and its Enforcement Division is currently 25% off its target staffing levels.
According to the Finance Minister, there are 53.8 active staff members in the division but the ideal number would be 71.5. The regulator is also looking to recruit both a head and deputy head for the department.
Fianna Fáil spokesperson on financial services Frank O’Rourke has recently raised the issue with the Finance Minister.
Speaking to TheJournal.ie, he outlined his worries over the regulation of the insurance, banking and moneylending sectors.
“In view of the regulatory breaches that contributed to a very costly banking crisis in the past decade, it is deeply concerning that so many positions remain vacant in the Central Bank’s Enforcement division.
In sectors such as insurance, banking and moneylending, strong regulation must be matched by rigorous enforcement so as to protect consumers and ensure adequate deterrents are in place for errant financial service providers.
In an answer to a recent parliamentary question from the Kildare deputy, Michael Noonan said the regulator is in the middle of a recruitment campaign and that he is not unduly concerned about the situation.
“While the vacancy rate of approximately 25% might appear high, it should be borne in mind that it is largely attributable to a significant increase in the staff complement of the Enforcement Division rather than a loss of existing experienced personnel,” he told the Kildare deputy.
“The Bank has informed me that it keeps its resource allocation under constant review and will be flexible as it moves to recruit additional staff.”
He also added that he had no role in staffing the regulator.
The Central Bank’s website is currently advertising 21 different positions in various divisions from database administration to statistics. There are multiple jobs going in some of the roles.
The Enforcement Division is looking for a head and deputy head for the technical and advisory section. The successful applicants, who must have between 10 to 15 years experience as a barrister or solicitor, will help progress cases. The salaries are ‘not disclosed’. ent
The top job is being offered as a five-year contract.
The regulator is also looking for onsite supervisors for the anti-money laundering division and banking supervision inspectors.
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Where is the rest of the story? Is that it? There was more information in the
Sub heading than in the few paragraphs below.
Hi Niall,
If you click on the slideshow, each slide has a caption that explains a different point. Can you see the slideshow?
If not, let us know what device you are viewing it on. It’s working on desktop and I’ve just checked it on iOs
and Android and it seems fine there too?
I’m still getting used to this new media way of viewing information! Sorry guys thanks
No problem!
Ummm… What’s it got to do with the Internet? It’s about a pirate TV channel. These were pretty common place all across the US in the 70s & 80s.
It was an absolute SHITE film then and now!! [
Apart from Debbie Harry that is]. Its one of those films you can take whatever meanings you want to out of it or none at all.I took from it that whoever wrote it was on drugs when he wrote the script.
Very weak connections considering the movie focuses on the cathode ray tube being mystical. The addiction and effects are based on a scientist experimental beams.
Not exactly predictions to anything.
Scanners. Cronebergs masterpiece. Eastern Promises underated too
cronenberg is a body horror master, crash, the fly, rabid, scanners etc,etc.
I have loved his recent progression to more drama like material like eastern promise, history of violence & a dangerous method. didn’t like cosmopolis
history of violence was fantastic too!
Debbie Harry yes yes and yes! The movie was terrible.
Long live the new flesh!
Might be a Sh1t movie but a hell of a lot better then any Iris made Movie. and I wonder where internet comes into play it this story.
I will read over it and over it never know it might be in there somewhere in hidden files.
Better than The Snapper? To name but one!
It’s medication time Declan, open wide and swallow.
I think you’ll find Michelle he said ‘Iris made’ One can only assume he was referring to East German filmmaker Iris Gusner
Furthermore: could we all stop talking about the Snapper please? Yes, its just about better than Videodrome but then a documentary about whale sh*te would be too.
Tony la plonk
declan, exactly what is your problem with Irish movies????
you have yet to give any reasons, so stop trolling!!!
@ Michelle: snappy comeback
There’s hardly any link between Videodrome and the internet.
Brian O’Blivion. That about says it all. I expect the author of this wrote it while watching porn with his free hand.
have your say