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Gary Cohn

As Assistant to the President for Economic Policy and Director of the National Economic Council (2017-2018), Gary Cohn managed the US economic policy agenda, stimulating economic expansion, job creation, and wage increases through historic tax and regulatory reform. Prior to that he was the President and Chief Operating Officer at Goldman Sachs where he worked for more than 25 years.

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Klaas Knot

Klaas Knot is President of De Nederlandsche Bank and is the Chair of the Financial Stability Board. He is also a member of the Governing Council and the General Council of the European Central Bank, member of the European Systemic Risk Board, member of the International Monetary Fund's Board of Governors and a member of the Board of Directors of the Bank for International Settlements.

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Axel Weber

Axel Weber is the past-Chair of UBS and the past-President of the German Bundesbank and a member of the European Central Bank Governing Council from 2004 to 2011. He is a member of the Group of 30.

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UK FRC's

UK FRC's "Collection of Perspectives" on Culture

by Starling Insights

Starling Insights Editorial Board

Dec 21, 2023

Observations

UK UK FRC Governance, Audit & Regulatory Failures Audit Culture for Regulators Culture & Consequences Culture & Performance

ICYMI: In late 2021, the UK Financial Reporting Council (FRC), which has long recognized the connection between culture and audit effectiveness, published a "Collection of Perspectives" on best practices for promoting cultures that lead to improved audit quality.

The Collection includes contributions from academics, audit firms, company directors, regulators, culture change experts, and other parties within the audit ecosystem. In an article appearing therein, Starling's Stephen Scott and Mark Cooke explain how audit regulators can drive culture change in the industry to improve both employee conduct and audit quality.

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If you are not a member, please consider joining Starling Insights to support our work and get access to our entire platform. Enjoy hundreds of articles and related content from past editions of the Compendium, special video and print reports, as well as Starling's observations and comments on current issues in culture & conduct risk management.