Culture is consistently seen as culprit amidst continuing risk governance failures among firms, as well as in troubling lapses on the part of the auditors and regulators relied upon to assure market integrity. Culture is thus considered to be a critical governance priority – for private and public entities equally – and particularly so in the financial sector.
Observations
Jan 24, 2025In a "Dear CEO" letter sent to the heads of international banks earlier this week, the UK Prudential Regulation Authority (PRA) outlines its supervisory priorities regarding those institutions for 2025, including a heightened focus on risk management, governance, and resilience.
by Amy Edmondson, Gillian Tett, Jamie Fiore Higgins
Video
Dec 04, 2024Observations
Sep 17, 2024The Chartered Institute of Internal Auditors (Chartered IIA) has launched an enhanced Internal Audit Code of Practice, supported by the Institute of Chartered Accountants in England and Wales (ICAEW), aiming to improve corporate governance and address emerging risks across the UK and Ireland.
