Wednesday 26 April 2017

Central Bank first minutes released: Credit register and staff ethics discussed

Prof Philip Lane of the Central Bank
Prof Philip Lane of the Central Bank
Colm Kelpie

Colm Kelpie

A central credit register, a review of the code on staff ethics and a discussion on the official languages act were among the issues discussed at Philip lane's first Central Bank Commission meeting as Governor.

A central credit register, a review of the code on staff ethics and a discussion on the official languages act were among the issues discussed at Philip lane's first Central Bank Commission meeting as Governor.

The extension of the European Central Bank's quantitative easing programme was also discussed, following governor Lane's first meeting of the ECB's governing council.

The details were contained in the minutes of the Central Bank Commission meeting just before Christmas. It is the first time that the minutes have been released.

The Commission discussed the draft regulations for the new proposed credit register. A final draft is expected to be presented at this month's meeting.

The annual review of the staff code of ethics and behaviour were also raised.

Activities arising under the Code in relation to gifts, employee queries, breaches of the Code and changes since last year were set out.

The Central Bank has promised to continue to publish the minutes of the Central Bank Commission.

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