UK Treasury releases Walker Review

News

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 with the fallout from the financial crisis. It also recommends bonuses be more tightly controlled,

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: