Basel Committee targets boards in governance consultation
Regulators take aim at bank boards and managers in new corporate governance proposals
The Basel Committee on Banking Supervision has launched a consultation on revised principles to enhance corporate governance at banks as part of its effort to bring guidance up to date in the wake of the financial crisis. The consultation, which ends on June 15, takes aim at the responsibilities of boards and senior managers.
While past guidance, first issued in 1999 and revised in 2006, remains
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