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No refusals issued by Central Bank

The Central Bank hasn't rejected any applications from those looking to be cleared to work in selected financial industry positions under rules introduced after the crash.

None have been turned down in the two years that the Fitness and Probity tests have been in place.

Almost 7,000 applications have been processed since 2012, with 239 withdrawn. The bank said applicants tend simply to withdraw when issues and questions are raised, thereby avoiding the need for a rejection.

"The Central Bank has not yet been obliged to issue a refusal as part of the Fitness and Probity process," a spokesman said.

The Bank's fitness and probity regime came into effect in December 2011 for financial service providers.


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