Central Bank (Supervision and Enforcement) Act 2013
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Matters to which Bank shall have regard before giving notice under section 9 . |
10.— Before giving a notice under section 9 , the Bank, taking account of the purposes for which the report is required, shall have regard to at least the following matters— | |
(a) whether any other powers that may be available to the Bank under any provision of financial services legislation may be more appropriate in the circumstances concerned, | ||
(b) the relevant knowledge and expertise available to the reviewee, and | ||
(c) the cost implications for the reviewee of providing the report, the resources available to the reviewee and the benefit to the reviewee of providing the report. |