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Central Bank toughens its executive accountability regime
Central Bank financial conduct DG Derville Rowland, Matheson managing partner Michael Jackson and UCD inaugural Sutherland Full Professor of European Law Imelda Maher 
23 Oct 2019 / regulation Print

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.

 

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