Observations
Mar 14, 2023Yesterday, the Central Bank of Ireland (CBI) introduced a three-month consultation on key aspects of its Individual Accountability Framework (IAF), including the publication of draft regulations and guidance. This comes following the enactment of the Central Bank (Individual Accountability Framework) Bill 2022 earlier this month.
Observations
Jul 12, 2022In 2018, joint reviews conducted by the FMA and Reserve Bank of New Zealand identified a significant gap in financial services regulation. They found that banks and insurers didn't have sufficient systems in place to monitor the risks of poor conduct or outcomes.
