Board committees don’t receive sufficient attention, in my view. Yes, there’s considerable focus on terms of reference and reporting to the board. And chairs of committees at banks and a number of other financial institutions are SMF senior managers; some of them are interviewed before being approved by regulators. But there are various points I’ve […]
Tag Archives: board committee
Board committees
Posted in Governance Reframed
Also tagged board of directors, governance, terms of reference
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Governance in groups with a regulated subsidiary
Governance in groups with regulated firms – whether banks or other financial institutions – involves points that don’t apply to unregulated firms. The general rule is that directors of a company have: A duty of trust, a fiduciary duty to act with integrity, fairness and honesty, having regard to the interests of shareholders; and A […]
Posted in Governance Reframed
Also tagged directors, governance, group governance, independent non-executive directors, parent, regulators, risk management, subsidiary
Comments closed