Publication of the first Individual Accountability Framework awareness and readiness survey report

 

Date: 14 March 2022 

The forthcoming Individual Accountability Framework (IAF) and a Senior Executive Accountability Regime (SEAR) is expected to significantly impact those entities and individuals that will come within its remit.  In many instances, the Compliance function will be tasked with implementing the regime, and the Compliance Institute is determined to support and guide our members through the process. 

 

In January, in conjunction with Mazars, we issued a survey to members to obtain their views on a range of areas in relation to SEAR/IAF.  We are delighted to publish this insight into the views and expectations of our members and gauge the level of preparedness for the impending regime.

As we progress through the legislative process concerning the IAF/SEAR, the consultation process, the publishing of the regulatory guidance and post-implementation, we will continue to assess and report on the challenges and impacts of implementing the IAF/SEAR amongst our members.

Media Coverage

The survey results and publication received coverage in today’s Irish Times which can be found here .