Central Bank toughens its exec accountability regime
Matheson and UCD Sutherland School of Law yesterday hosted a conference on culture and governance in financial services and the Central Bank’s introduction of the Senior Executive Accountability Regime (SEAR).
The event, at the O’Reilly Hall in UCD, heard a keynote speech delivered by Derville Rowland, director general (financial conduct) at the Central Bank.
Policy issues
Panel discussion reflected on the policy issues which gave rise to the need for the SEAR, the approach currently being taken by regulators in other jurisdictions, and the lessons for Ireland.
The room heard what SEAR is likely to mean in practical terms for boards, senior managers and employees alike.