The main changes relate to risk management and internal controls, audit committee reporting, governance reporting, DE&I and remuneration.
Operational and financial risks, ESG and cyber risks, and solidity of supervised entities’ governance are listed.
In its report on the bank failure FINMA calls for better regulatory tools and more influence on the governance of the businesses that it supervises.
Emma Bickerstaffe, managing director, ESG and Sustainability, Apex, discusses her work in ESG and the role that financial services could play in accelerating solutions to the world’s challenges.
Move draws broad support but dissenting voice questions level of ‘micromanagement’.
Reforms to UK corporate governance promised in the wake of a series of high-profile scandals have been abandoned or watered down.
Lawyer and financial services investigator Carroll Barry-Walsh on the key to creating an effective whisteblowing process.
House of Lords Industry and Regulators Committee asks how effective UK regulatory ecosystem is.