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The EBA informed the Chair of the European Parliament's Committee on Economic and Monetary Affairs (ECON), Irene Tinagli, about its decision, in line with the EBA Regulation.
Gerry Cross will be invited by the ECON Committee to a public hearing. After confirmation by the European Parliament, he will be appointed for a renewable five-year term.
Gerry Cross currently serves as Director of Financial Regulation - Policy and Risk, at the Central Bank of Ireland.