The Central Bank new individual accountability Framework

An episode of the Breakfast Business with Joe Lynam podcast, hosted by Newstalk, titled "The Central Bank new individual accountability Framework" was published on November 22, 2023 and runs 12 minutes.

November 22, 2023 ·12m · Breakfast Business with Joe Lynam

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Episode Description

Last week we spoke to the Central Bank of Ireland about its new individual accountability Framework which will place far more personal responsibility on company directors for wrongdoing within their businesses.

The new rules stem from the fact that very few people went to jail after the financial crisis which drove the rest of the country to the brink of financial ruin. To discuss these new rules, Joe was joined on the show by Patricia Callan the chief executive of Financial Services Ireland, and David Naughton who is with the law firm LK Shields.

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