Banking
New rules for bankers will protect consumers and investors - Central Bank
New regulations to govern the conduct of senior executives in banks and financial services companies will comes into force on a phased basis
The Central Bank of Ireland has said new rules to govern the conduct of senior executives in banks and financial services companies will protect consumers and investors from fraud and other regulatory breaches.
On Thursday, the regulator published details of the Individual Accountability Framework (IAF), which includes details of the long-awaited Senior Executive Accountability Framework (SEAR) to regulate individual actions of senior bankers and financial services entities.
The new rules will be introduced on a ...