The Central Bank has published a consultation paper (CP 83) on fitness and probity regime for credit unions that are also authorised as retail intermediaries.

Following the initial implementation of the Fitness and Probity regime for credit unions, the Central Bank has reviewed the proposed approach on applying fitness and probity requirements to credit unions that are also authorised as retail intermediaries and is now proposing a revised tailored approach. The Central Bank hopes to implement this approach by 1 August 2015.

The consultation runs until 30 September 2014.