The Banking Executive Accountability Regime (BEAR) legislation passed the Australian Senate on 7 February 2018, and will come into effect on 1 July 2018. The legislation amends the Banking Act 1959 to impose accountability, remuneration, key personnel and notification obligations on authorised deposit-taking institutions. It is intended to make senior bankers more accountable for management decisions, and includes criminal liability amongst its sanctions.
CLMR's research syposium is an internal event where our researchers gather to present and discuss their current research. The research symposium gives our researchers the opportunity to seek feedback on their current research from new perspectives.
This event is internal only. All CLMR memebers are encouraged to attend.
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This presentation will set out the role played by the “public interest directors” appointed to the Irish banks in the wake of the Irish Government’s blanket deposit guarantee in 2008. Based on private interviews, Professor Clarke will describe the directors’ experiences in seeking to fulfil their statutory duty to act in the public interest. This statutory duty will be compared to section 172 of the UK Companies Act 2006 and recent proposals by the UK Government to provide greater stakeholder input at board level will be discussed in this context.
Half day CPE seminar with Nina Boeger visiting from University of Bristol