Protected Disclosures Act 2014

NAMA has a Reporting of “Relevant Wrongdoing” and Protected Disclosures Policy which is reviewed by the Board annually and was most recently approved by the Board in April 2022.

This policy promotes principles of good corporate governance by providing a procedure for reporting and addressing concerns about possible relevant wrongdoing within the meaning of the Protected Disclosures Act 2014. The policy applies to all NAMA “workers” and makes provision for disclosure of relevant information either internally through a line manager or the NTMA’s Head of Compliance or externally by means of a “Nominated Person” (as defined in the Protected Disclosures Policy).

The NTMA Head of Compliance and the Nominated Person are then required to report to the Chairperson of the NAMA Audit Committee. The Audit Committee is responsible for the ownership of the Reporting of “Relevant Wrongdoing” and Protected Disclosure Policy insofar as it relates to the functions of NAMA, oversight of its implementation with regard to these functions and oversight of investigations to include liaison with the NTMA Head of Compliance to ensure any reports received are properly evaluated and investigated.

Protected Disclosures Annual Report 2021

Section 22 of the Protected Disclosures Act 2014 requires the publication of a report each year relating to the number of protected disclosures made in the preceding year and any actions taken in response to such disclosures.

No protected disclosures were received by the National Asset Management Agency in the reporting period up to 31st December 2021.