Non-financial risks have become at least as important, to both firms and regulators, as financial risks. This is mostly due to the importance of firms’ dependence on IT systems to operate their businesses but regulators (particularly the Financial Conduct Authority – the FCA) are also highlighting non-financial risks arising from newer regulatory topics, adding to […]
Tag Archives: D&I
New and emerging non-financial risks – Part 2: Not the technology-related non-financial risks
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Also tagged conduct risk, consumer duty, CP23/20, culture, diversity and inclusion, FCA, Financial Conduct Authority, financial exclusion, groupthink, non-financial misconduct, non-financial risks, retail customers, risk taxonomy, risks
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What makes an outstanding board?
This started as an article about what makes a board of directors ‘effective’ but I decided that was aiming too low. Why shouldn’t a board be outstanding? Let’s begin though with board effectiveness. 1 Board effectiveness What made the board of a bank or other financial institution ‘effective’ a few years ago won’t hit the […]
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Also tagged board effectiveness, board of directors, boards, challenge, controls, corporate governance, culture, diversity, diversity and inclusion, EWI, governance, groupthink, KRI, MI, non-executive directors, strategy
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