The Individual Accountability Framework: What it Means for Directors

Booking for this Event is Now Closed

This event is now closed for bookings. Please contact Anna Hannigan, Events Manager, for further information.

Overview

We are delighted to invite you to our upcoming in-person event on the Individual Accountability Framework (IAF), in the Grafton Suite, at the Westbury Hotel, on Thursday, 1st June 2023. 

This event will be of relevance to members operating in the financial services sector in a senior manager, executive director or non-executive director capacity. We encourage such members to attend.  

As you may be aware, the Central Bank of Ireland's (CBI) draft IAF Regulations and Guidance is currently out to consultation. IoD Ireland is reviewing and responding to this consultation through the lens of best-in-class governance, with the aim of feeding back insights and perspectives from our membership and fulfilling our Vision for Ireland to be an exemplar of corporate governance standards. Thank you to all of the members who responded to our recent member survey on the IAF.

In addition, we are delighted to host this event to provide members with an opportunity to hear directly from the CBI and to raise questions and/or seek clarification on aspects of IAF.

IoD Ireland will continue to support our membership as the IAF evolves, through content such as the following Director Factsheet and webcast.

• 08:15 - Registration and refreshments.
• 08:45 - Welcome by Imelda Reynolds CDir, President, IoD Ireland.
• 08:50-9:05 - Address by Gerry Cross, Director of Financial Regulation Policy and Risk, Central Bank of Ireland.
• 09:05-09:25 - Dr Margaret Cullen, Governance Advisor and Board Assessor, IoD Ireland, will be in conversation with Gerry Cross, Director of Financial Regulation Policy and Risk, Central Bank of Ireland.
• 09:25-9:55 - Audience Q&A.
• 09:55 - Close by Caroline Spillane CDir, Chief Executive Officer, IoD Ireland.

Dr Margaret Cullen is a Governance Advisor to the Institute of Directors (IoD) in Ireland and an experienced Assessor with IoD Ireland’s Board Evaluation Service. Margaret holds a PhD in corporate governance from University College Dublin (UCD). She is a specialist in the areas of corporate, bank and investment fund governance. 
 
Margaret has been an Assistant Professor at the UCD Smurfit Business School since 2007, lecturing on the Professional Diploma in Corporate Governance (in the subject areas of role and responsibilities of the board, stewardship and ESG, behavioural aspects of boards and executive remuneration and incentives). Margaret designed and ran the Institute of Banking’s (IoB’s) Certified Bank Director (CBD) and Certified Investment Fund Director (CIFD) Programmes from 2012. Margaret was the founding CEO and Academic Director of the Certified Investment Fund Director Institute (CIFDI), a specialist institute of the IoB which focuses on raising professional standards in investment fund governance through its CIFD Programme. She is currently Co-Academic Director of the IoB’s Certified Bank Director Programme on an associate basis and lectures bank governance on the programme.

Margaret serves as a non-executive director on the boards of several organisations and has extensive board and board committee experience. She is also a member of the Advisory Committee of the Fund Boards Council in the UK. 

Gerry Cross was appointed as Director of Financial Regulation Policy and Risk in May 2015. He leads the Central Bank’s work on prudential and markets conduct regulatory policy and its supervisory risk framework (PRISM).  A member of the Board of Supervisors of EBA, and alternate member of EIOPA Board of Supervisors, Gerry co-chairs EBA’s Standing Committee on Regulation and Policy.

Gerry has had an extensive career in the area of financial services regulation. Before joining the Central Bank he has worked at the European Commission, the UK Financial Services Authority, Fortis Group, the Institute of International Finance, and the Association for Financial Markets in Europe. 

Registration
Please note this event is open to IoD members only. Register using the 'Book Now' button. Registration closes at 2:00pm on Wednesday, 31st May 2023. Please contact Anna Hannigan, Events Manager, IoD Ireland, for further information.

Agenda
The event will commence at 8:15am on Thursday, 1st June, with registration and refreshments.

Venue Details
This event will take place in the Grafton Suite, at the Westbury Hotel, Balfe Street, Dublin 2.

Photography
Photography will be taken at the event for marketing and promotional purposes. For further information, please contact: comms@iodireland.ie.