comparemela.com

Latest Breaking News On - பெருநிறுவன சட்டம் இல் திரித்துவம் கல்லூரி டப்ளின் - Page 1 : comparemela.com

Breaking the link : Ireland s corporate accountability regime set for major overhaul in the wake of Davy scandal

Ignorance used as an accountability firewall

Ignorance used as an accountability firewall Updated / Wednesday, 10 Mar 2021 10:25 The proposed Senior Executive Accountability Regime would remove ignorance as an excuse, and hold individuals accountable for their actions The Central Bank of Ireland has said it needs more extensive powers to pursue individual accountability as the fallout over a 2014 bond transaction by Davy continues. Derville Rowland, the Director General of Financial Conduct at the Central Bank, told the Oireachtas Finance Committee yesterday that Ireland s regulatory framework requires further strengthening with regard to individual accountability . The regulator has powers under the Administrative Sanctions Procedure to sanction individuals but it can only do that if the individuals actually participated in a breach by the firm.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.