Supervisory approaches that hold executives personally liable and accountable for misconduct during their watch.
Observations
Aug 14, 2023According to law firm Clyde & Co, Australia's new Financial Accountability Regime (FAR) is "easy to understand in theory but difficult to implement." The FAR expands upon the previous Banking Executive Accountability Regime (BEAR) and applies to insurers, banks, and superannuation funds.
Observations
Aug 05, 2022London-based law firm Herbert Smith Freehills recently published statistics that call into question whether the UK's Senior Managers and Certification Regime (SMCR) is effective.
Compendium
May 15, 2022
