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UK Treasury releases Walker Review

LONDON - The UK Treasury has released the Walker Review consultation paper, examining weaknesses in corporate governance, risk management, board-level competence, internal audit, and remuneration incentivisation at banks and other firms.

The report cracks down on non-executive board members. It stresses they need relevant expertise, as many were exposed as being poorly qualified to predict or deal

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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