Regulatory Decisions Unit (RDU)
The Regulatory Decisions Unit (“RDU”) is a Unit of the Central Bank. One of the roles of the RDU is to facilitate the appointment of decision-makers and provide administrative and/or legal support to appointed decision makers. The RDU’s role covers the following types of cases – Administrative Sanctions Procedure Inquiries (“ASP Inquiries”), certain decisions under the Fitness and Probity regime, Assessments under securities markets legislation and proposed refusals or revocations of authorisations.
The role of the RDU in relation to ASP Inquiries is set out in the Inquiry Guidelines prescribed by the Central Bank pursuant to Section 33BD of the Central Bank Act 1942, as amended, (the "Act").
One of the RDU’s responsibilities is to facilitate the creation of panels of decision-makers from which may be selected persons to make decisions in some of the areas set out above. These panels will comprise Central Bank employees and/or external individuals and may be supplemented from time to time as appropriate.
An Inquiry Panel is appointed by the Central Bank to carry out ASP Inquiries pursuant to Part IIIC of the Act.
Panels of Assessors are appointed by the Central Bank pursuant to the Market Abuse (Directive 2003/6/EC) Regulations 2005, the Prospectus (Directive 2003/71/EC) Regulations 2005 and the Transparency (Directive 2004/109/EC) Regulations 2007.
From time to time the RDU may advertise for expressions of interest from individuals external to the Central Bank who wish to be considered for appointment to a particular panel. Any such advertisements will be published on this page.
The Legal Notices page contains notices published by the RDU from time to time.