Terms used in Part 2 of this Code have the meaning given to them in the introduction to this Code.
Under various supervisory enactments, the Central Bank is legally empowered to deal with matters concerning the competence of certain employees and controllers of supervised firms.
Part 2 of this Code is imposed under the enactments set out below:
|
Regulated firm |
Legislative Provision |
|---|---|
|
All regulated firms |
Section 117 of the Central Bank Act 1989 |
|
Retail credit firms and home reversion firms |
Section 33A(3), Central Bank Act, 1997 |
|
Investment firms |
Regulation 34 of the European Communities (Markets in Financial Instruments) Regulations 2007 |
|
Insurance Intermediaries and |
Regulation 15, European Communities (Insurance Mediation) Regulations, 2005 |
|
Investment Intermediaries |
Section 14(4)(a), Investment Intermediaries Act, 1995 |
|
Insurance Undertakings |
Regulation 7(2)(e), European Communities (Life Assurance) Framework Regulations, 199 |