Events listed in Central Bank (Individual Accountability Framework) Act 2023

Asset Management
procedure

Central Bank publishes Individual Accountability Framework Standards and Guidance

ID 25835
The Central Bank has released a Feedback Statement and accompanying Regulations and Guidance in relation to Consultation Paper 153 on Enhanced governance, performance and accountability in financial services in the context of the IAF, following a three-month consultation period. As a reminder, the IAF introduces several pivotal elements aimed at enhancing regulatory oversight within financial institutions. First, the **SEAR will require that firms delineate ...
Asset Management
regulation

Edition 2023, Issue No: 29 S.I. No. 176/2023 – Central Bank (Individual ...

ID 22732
S.I. No. 176 of 2023, the Central Bank (Individual Accountability Framework) Act 2023 (Commencement of Certain Provisions) Order 2023, has been published in the Irish Statute Book. This Order brings into effect multiple aspects of the Central Bank (Individual Accountability Framework) Act 2023, excluding those associated with individual accountability and standards. The Individual Accountability Framework (IAF), when fully implemented, will empower the CBI to ...
Asset Management
consultation

The Individual Accountability Framework, Financial Regulation and the Central Bank ...

ID 22251
Following the enactment of the Central Bank (Individual Accountability Framework) Act 2022 (IAF Act), which grants the Central Bank of Ireland (CBI) relevant powers to adopt detailed implementing regulations and guidelines and represents significant changes for directors and others performing regulated functions in Irish companies, the CBI launched a three-month public consultation paper, CP153. — „The IAF is given legal effect by the following: ...
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