In today’s episode of the Compliance Files podcast series, the Institute’s President, Diarmuid Whyte speaks with Louise Hogan, member of the Institute's IAF and Fintech and Payments working groups and Sarah Geraghty, member of the Institute’s IAF and Pensions working groups to discuss the Individual Accountability Framework (IAF) in general terms whilst also touching on some of the key aspects of the Compliance Institute’s response to the IAF Consultation Paper.
In this podcast they outline the benefits of IAF and provide their thoughts on whether it will lead to a positive cultural change. They also outline the steps firms should be taking now, identify potential challenges associated with IAF implementation and advise how we can demonstrate clarity over responsibilities.
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