Our November 2022 report is based on 160 survey responses received. July and October 2022 have witnessed further developments in the legislative journey of the Central Bank (Individual Accountability Framework) Bill.
Following the publication of our first survey report in March 2022, further milestones were reached during Quarter 3 and 4, 2022, which has seen the proposed regime develop momentum:
The Bill follows a similar structure and focuses as the General Scheme, such that the Individual Accountability Framework (IAF) will consist of four key pillars, specifically:
The role reports to the President and provides executive, administrative, and development support. The Director of the Office of the President serves as the primary point of contact for internal and external stakeholders on all matters pertaining to the President, serves as a liaison to the Governing Body and senior leadership team when required, and oversees internal and external communications for...
The purpose of this role is to lead the strategy, operational planning and management of the Institutional Research & Data Analytics operations, activities, and staff. The Director will guide the overall vision of the function by implementing effective strategies for data management and data analytics to support the centralised collection, management, analysis, interpretation, and reporting of data....
The purpose of this role is to lead the strategy, operational planning and managing of the Human Resources operations, activities, programmes and staff, including the EDI and Transformation and Change functions.
Tailored solutions for assurance and value creation in a changing world
Helping you create a resilient framework and culture that keeps you a step ahead of uncertainty
Our expert team has significant first-hand experience implementing accountability frameworks
The Central Bank (Individual Accountability Framework) Bill 2022 (the Bill) will ensure that conduct risk will remain a key risk that all regulated financial services firms (firms) must be able to demonstrate it is proactively managing and mitigating. In all likelihood, one of the key impacts of the Bill will be the elevation of conduct risk further up the Board’s risk agenda prioritisation in 2023...
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