NY Fed to review regulation

CORPORATE GOVERNANCE

Geithner, speaking at the Bond Market Association's annual meeting, conceded: "The progress achieved in internal control regimes has of course come with some costs," and that "despite the difficulty of adding up all these costs, it is hard to challenge the widespread view that they have been quite substantial".

Geithner said that "provisions that seem optimally designed at any given time are likely to need to evolve as conditions change. That this should occur is a natural aspect of a dynamic

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Investment banks: the future of risk control

This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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