In January 2026 the Central Bank of Ireland (CBI) launched a public consultation on Prohibition Notices Under the Fitness and Probity (F&P) Regime (CP166). CP166 related to the investigations pillar of the F&P Regime and specifically, the CBI’s power to impose a prohibition – a protective measure that prohibits a person from performing a controlled function (CF) in a regulated financial services firm. See our previous insights post on CP166 here.