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16th November deadline looms for firms’ Central Bank of Ireland confirmations regarding new PCF roles

On 9 October 2020, the Central Bank published an update on its website to its February 2020 Notice of Intention to amend the list of PCF roles.

PCF Roles Deadline PDF | 0.33 MB

The Central Bank is introducing three new PCFs roles:

  • PCF-49 Chief Information Officer (under the ‘General’ category);
  • PCF-50 Head of Material Business Line (under the ‘Banking’ category);
  • PCF-51 Head of Market Risk (under the ‘Banking’ category);

Financial Institutions Group partners  Joe BeashelGrainne CallananLiam Flynn Darren Maher discuss what you need to know about the new PCF roles introduced by the Central Bank in advance of the November 16 deadline.