Regulatory Decisions Unit 

The Regulatory Decisions Unit (RDU) is a unit of Central Bank of Ireland. One of the roles of the RDU is to facilitate the appointment of decision makers in four regulatory regimes operated by the Central Bank and to provide administrative and/or legal support to appointed decision makers. The RDU’s role covers the following types of decision-making processes:

  • Administrative Sanctions Procedure Inquiries (ASP Inquiries)
  • Certain decisions under the Fitness and Probity regime
  • Decisions pursuant to an assessor regime incorporated in certain financial services 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).

Regulatory Decisions Panel

 RDU Notices

The Legal Notices page contains notices published by the RDU from time to time and certain decisions made by appointed decision makers.  This page includes details of:

  • ASP Inquiry Hearings taking place as well as certain determinations or decisions issued by Inquiry members

"The financial services legislation into which the assessor regime is incorporated” includes the following regulations:

  1. European Union (Market Abuse) Regulations 2016 (S.I. No. 349 of 2016);
  2. European Union (Prospectus) Regulations 2019 (S.I. No. 380 of 2019);
  3. Transparency (Directive 2004/109/EC) Regulations, 2007 (S.I. No. 277 of 2007); 
  4.  European Union (European Markets Infrastructure) Regulations 2014 (S.I. No. 443 of 2014);
  5. European Union (Markets in Financial Instruments) Regulations 2017 (MiFID II) (S.I. No. 375 of 2017);
  6. European Union Securities Financing Transactions Regulations 2017 (S.I. No. 631 of 2017);
  7. European Union (Indices Used in Benchmarks in Financial instruments and financial contracts or to measure the performance of investment funds) Regulations 2017 (S.I. No. 631 of 2017);
  8. European Union (General Framework for Securitisation and Specific Framework for Simple, Transparent and Standardised Securitisation) Regulations 2018.