Mazars and the Compliance Institute are delighted to publish this unique insight into the views and expectations of financial services professionals and their preparedness for the impending individual accountability framework (IAF) and the senior executive accountability regime (SEAR).
Preparing for the individual accountability framework 2022
The upcoming Individual Accountability Framework (IAF) and a Senior Executive Accountability Regime (SEAR) will significantly impact entities and individuals in Banks, investment and insurance firms.
Mazars and the compliance institute surveyed the compliance institute members to measure the level of preparedness and gain valuable insights on the aspects of IAF/SEAR.
The European Parliament approved the Pay Transparency Directive in April 2023, adding significant power to Irish Gender Pay Gap (GPG) legislation. As a result, employers need to prepare for the impact of this legislation, or risk being identified and fined.
Mazars was delighted to partner with the Compliance Institute to deliver a webinar on how financial institutions can prepare for a regulatory inspection and how to deliver an effective risk mitigation programme action plan.