Analysis of the financial crisis revealed poor quality decision-making and oversight of risk by many bank Boards. It is now recognized that the governance of many banks was at best fractured, at worst broken.
The fourth part of the Evolving Banking Regulation series for 2015 examines the governance challenges facing banks. In the latest edition, we focus on how to meet the expectations of regulators and supervisors while addressing the commercial advantages of good governance. Elements such as culture, values, supervisory assessment and the suitability and accountability of board members and senior management are also reviewed.
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