Central Bank (IAF) Bill sets out new requirements.

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Thursday last saw the publication of the long awaited Central Bank (Individual Accountability Framework) Bill 2022 (“IAF Bill“) which, when enacted, will introduce the Individual Accountability Framework and the associated Senior Executive Accountability Regime (“SEAR“).

The IAF Bill can be found on the Oireachtas’ website. The legislation has been welcomed by the Central Bank of Ireland, see its press release here.

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