The long-awaited Individual Accountability Framework Bill 2022 has been released and a new Senior Executive Accountability Regime (SEAR) is likely to be on the implemented by Irish firms by mid-2024. These rules will make bankers individually accountable for all the activity in their financial institutions with fines and even jail time for wrongdoings. So what will change for banking on the Continent and how will RegTech play a role? Legal, behavioural and technology experts who have been there and seen this before share their views on what it takes to get this programme right in the run up to JWG’s 9-10 November conference.
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JWG analysis here.
- RegCast Season 1 episode 8: Digital solutions for new culture audits here
- Culture Audit in Financial Services: Reporting on behaviour to Conduct regulators here
- Conduct Risk Management: A behavioural approach here
- New Accountability in Financial Services: Changing Individual Behaviour and Culture here
Speakers and Guests
Aired on: September 17, 2021
Aired on: March 18, 2021
Aired on: February 1, 2021