Fitness & Probity Review: Central Bank Implements Enria Recommendations
Central Bank publishes report confirming all twelve recommendations from Andrea Enria's Fitness and Probity review have been implemented.
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Central Bank publishes report confirming all twelve recommendations from Andrea Enria's Fitness and Probity review have been implemented.
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Fund management companies must analyse the findings in the CBI delegation feedback report and have a plan to address any deficiencies by end of 2026.
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The revised Consumer Protection Code took effect on 24 March 2026, following a one-year implementation period after publication.
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One year on from its implementation, SEAR is set to apply to (I)NEDs of in-scope firms.
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Here is a selection of recent publications and podcasts contained in our May 2024 edition.
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We look at updates on the IAF including the SEAR Regulations recently signed by the Central Bank.
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We provide an overview of the new regulations and updated Central Bank documentation.
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We examine how D&O insurance may mitigate new personal risks arising from the Individual Accountability Framework.
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We set out key actions to benchmark your firm’s implementation action plan under each of the four pillars of the individual accountability framework.
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The Central Bank has published a Feedback Statement and issued final form Regulations and Guidance to firms on the Individual Accountability Framew...
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We look at DORA enforcement and the potential penalties involved, and we examine a recent fine in the UK against a Chief Information Officer in a b...
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On 22 June 2023, the Central Bank of Ireland published the consultation paper CP154 and draft guidelines regarding the Central Bank Administrative ...
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It is time for the regulated financial services industry in Ireland to take action to prepare for individual accountability. William Fry recommends...
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On 9 March 2023, the President of Ireland signed the Central Bank (Individual Accountability Framework) Act 2023 (Act) into law.
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On 9 March 2023, the President of Ireland signed the Central Bank (Individual Accountability Framework) Act 2023 into law. On 13 March 2023, the Ce...
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The William Fry, Preparing For Individual Accountability podcast
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In this article, we highlight the envisaged impact of the proposed Senior Executive Accountability Regime on the Insurance Industry.
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Following a recent Central Bank of Ireland enforcement action, we review the decision of the Central Bank and consider the future of senior executi...
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On 28 July 2022, the Department of Finance published the Central Bank (Individual Accountability Framework) Bill 2022 (the Bill). The Government wi...
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Video: Gráinne Varian, Catherine Carrigy and Lisa Shannon share some insights in the area of Fitness & Probity to better understand the Central Ban...
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Welcome to the August 2022 edition of our Asset Management & Investment Funds Update.
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On 28 July 2022, the Department of Finance published the Central Bank (Individual Accountability Framework) Bill 2022 (the Bill). We look at some k...
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The Joint Committee on Finance, Public Expenditure and Reform and Taoiseach published its Report on Pre-Legislative Scrutiny of the General Scheme ...
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In this briefing, we examine proposed enforcement reforms - the fourth of four pillars of the individual accountability framework - and we outline ...
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In this briefing, we examine the senior executive accountability regime (SEAR) – the third of four pillars of the individual accountability framewo...
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As part of our Future of How Ireland Works series, our Employment lawyers discuss current issues of concern, from an employment legal perspective, ...
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CBI Director of Insurance Supervision, Domhnall Cullinan, provided the opening remarks at the CBI's 2020 Insurance Industry Briefing