67 Deputy Seán Ó Fearghaíl asked the Minister for Finance if his attention has been drawn to the fact that the Central Bank of Ireland has issued a revised Code of Conduct for Regulated Entities; If his further attention has been drawn to the fact that new provisions have been made which effectively ban cold calling in that regulation 3.38 requires the regulated entity to have received informed consent prior to visiting with a potential customer; his views that such a ban on cold calling will impact in a severely negative way on many insurance brokerages giving rise to loss of employment in some of these businesses; if he will request the Central Bank of Ireland to review and revise its code; and if he will make a statement on the matter. [4598/12]

Summary

67 Deputy Seán Ó Fearghaíl asked the Minister for Finance if his attention has been drawn to the fact that the Central Bank of Ireland has issued a revised Code of Conduct for Regulated Entities; If his further attention has been drawn to the fact that new provisions have been made which effectively ban cold calling in that regulation 3.38 requires the regulated entity to have received informed consent prior to visiting with a potential customer; his views that such a ban on cold calling will impact in a severely negative way on many insurance brokerages giving rise to loss of employment in some of these businesses; if he will request the Central Bank of Ireland to review and revise its code; and if he will make a statement on the matter. [4598/12]

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• Banking Sector Regulation

  xml · EN · 26 January 2012

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