Central Bank (Individual Accountability Framework) Bill 2022

The Department of Finance published the Central Bank (Individual Accountability Framework) Bill 2022 on the 28^th of July.  The purpose of which is to give more individual accountability to those in the financial services industry.  Brokers Ireland are currently reviewing the Bill and its implications for Brokers. The Central Bank has advised it will work with the Department of Finance throughout subsequent stages as the legislation progresses through the Oireachtas to enactment. Once the Bill has been enacted the Central Bank intends to publicly consult on the implementation of the IAF.