The EBRD pioneers in risk

mike-williams-ebrd-2010

The European Bank for Reconstruction and Development (EBRD) is a bank with a difference. It is an international organisation, bound by international treaty, and answerable only to its national sovereign shareholders. They are tough task masters, says Julie Williams, head of operational risk at the EBRD, but at least at one level, it makes life easier. She says with a wry smile, “We don’t have the pleasure of regulatory visits, thus no conversations with the Financial Services Authority. The bank

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