Bank of Ireland’s response to a Michael Noonan letter on preservation of records was “measured at best, reserved at worst” according to committee chairman Ciarán Lynch.
It was revealed that the CEO of Bank of Ireland Richie Boucher received a total pay packet worth €843,000 last year – despite a €2.1 billion loss at the bank.
The only one of Ireland’s main banks not under State control makes the final payment to bondholders today bringing to over €20 billion the amount paid out by it and other banks this year.
A BAN ON “all forms of advertising” by betting companies before the 9pm watershed has been recommended by the Oireachtas Justice Committee.
A report published by the committee said around 3,400 15 and 16-year-olds are “engaged in problem gambling in Ireland”.
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“Stakeholders emphasised, in particular, the need for a pre-watershed ban on all forms of gambling advertising.
“They pointed out that a cultural shift had resulted in advertising on cigarettes being banned and advertising on alcohol being curtailed and recommended that the same approach be applied to gambling advertising,” the document states.
In terms of online adverts, the report notes that gambling ads are typically aimed at people over the age of 25. However, stakeholders noted “it can be challenging to prevent all websites from showing adverts to those underage”.
The report was compiled as part of the pre-legislative scrutiny of the Gambling Regulation Bill, which is expected to pass next year.
What do you think: Should all gambling ads be banned before 9pm?