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Finance Minister Paschal Donohoe will bring in a new law early next year to the bank executive, senior management and middle management accountable for decisions.
However, the rules will not be used to take over, he said.
"Accountability is not about scapegoating, and should not be used to create a fear of failure."
Trinity College, Dublin: The Accountability for Trinity College.
"This regime should be designed to address those who need it, who is in the right mind, who will not follow the correct protocols and processes, who will know their colleagues and clients, and who willfully commit wrongdoing," the minister said.
The targeting of new rules at the level of individual bankers, and the fact that they have tightened since the crash, the culture and attitudes within institutions have been slower to change.
At the same event, Bank of Ireland CEO Francesca McDonagh said.
"Bank of Ireland wants to play a leadership role in this task, and help to develop best practice cultural improvement for our sector, "she said.
Legislation has been proposed on the back of a recommendation in the Central Bank's review of culture, which was commissioned in the wake of the mortgage crisis tracker, which was published in July.
Central Bank Deputy Governor Ed Sibley said rules and regulations should be considered as a starting point for a regulated environment.
The Central Bank will continue to focus on regulated firms' cultures and on the diversity of the senior staff as part of an "intensive and intrusive approach to supervision," he said.
"There is a lack of diversity in these roles, which is their strategy, determine their appetites and treat their customers," he said.
"More needs to be done to reduce the likelihood of group-think, reduce overconfidence, improve decision-making, increase the level of internal challenge, improve risk management, and reduce excessive resistance to external challenge."
Since then, they have improved since the crash, he said.
Irish Independent
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