Whodunnit? Central Bank of Ireland Proposes Greater Accountability of Senior Individuals in Banks, Insurance Firms and MiFID Investment Firms
Greater accountability of senior officials is a key proposal in the Central Bank's recently published report "Behaviour and Culture in Irish Retail Banks.

The Central Bank's recently published report "Behaviour and Culture in Irish Retail Banks" contains proposals for greater accountability of senior individuals in banks, insurance firms and MiFID investment firms.  William Fry's Financial Regulation Unit in a recent briefing analyses the proposed individual accountability framework and in particular looks at the following four pillars of the framework: conduct standards; senior executive accountability regime; streamlined enforcement processes; and stronger fitness and probity requirements.

Read the full briefing here or click on the image below.
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Central Bank Briefing Doc Aug18

Key Contacts

Shane Kelleher Partner

Lisa Carty Partner

Naoise Harnett Partner

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