There is continued momentum emphasizing individual accountability and personal liability for senior managers.
Observations
Sep 20, 2024Last week, US Congressman Andy Barr introduced the Congressional Banking Regulation Priorities and Accountability Act of 2024 (H.R. 9512) to the House of Representatives, aiming to improve transparency and accountability in federal financial regulation.
by Anna Bligh
Compendium
Jun 11, 2024by Elise Bant
Compendium
Jun 11, 2024"Systems Intentionality" redefines corporate responsibility by assessing organizations through their conduct systems, policies, and practices. Unlike traditional models that focus on individual fault, this holistic approach evaluates corporate mental states such as intention, knowledge, recklessness, and dishonesty. This model offers a practical tool for regulatory and litigation purposes, improving assessments of corporate culpability and governance risk.