Accountability regimes have increased globally by 300% over the past five years. Meet this new wave of regulation head-on with software that fortifies accountability, training, and competency of your employees.
Although each regime has established its own unique set of terms and underlying expectations, the result remains the same; to strengthen individual accountability across an organization to mitigate risk and identify red flags sooner. Across each regime, the primary expectations remain relatively the same:
Ensure you comply with the Financial Conduct Authority’s (FCA) guidance on the Senior Manager & Certification Regime (SMCR).
Establish and maintain a reliable Individual Accountability and Conduct program to guarantee compliance with the Monetary Authority of Singapore’s (MAS) regulations.
Be certain you’re going to be able to comply with the Central Bank of Ireland’s (CBI) guidance on the Individual Accountability Framework (IAF).
Guarantee your firm complies with the latest guidance on the Banking Executive Accountability Regime (BEAR) and the Financial Accountability Regime (FAR).
Develop a culture of compliance, drive firm-wide adoption, and protect your firm’s reputation with a solution that builds trust and certainty.
Visit our extensive library of IAR resources for actionable advice and best practices related to specific regimes, including SMCR, IAC, IAF, and FAR.
Our award-winning solution simplifies operational processes, and supports greater efficiency and accuracy, whilst reducing costs and risk. It enables traceability and gives you confidence that you’re meeting your regulatory requirements.
Since the 2008 global financial crisis, the shift toward greater accountability has been monumental and ongoing, with new regulations emerging nearly every year since.
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