Corporate governance
Success of cultural change rests with local managers – research
Employee perceptions are key to assessing risk culture at large banks
Highlights from OpRisk Europe conference 2015
Exclusive coverage of London event
Sound corporate governance at the heart of op risk – French regulator
Thomas Friang sets out vulnerabilities of financial institutions at OpRisk Europe
Mixed reactions to PRA consultation on board duties
UK regulator sets down high-level expectations of directors
Lyxor: index funds may have weakened corporate governance
Rise of passive investment leaves a vacuum to be filled by hedge fund activists
Internal audit grappling with greater role in bank culture
CIIA's Peters says auditors often lack right skills and support of bank boards
Actively managing risk culture in energy firms: part one
How energy firms can define, assess, benchmark and manage risk culture
Cayman addresses Weavering case governance deficiencies
Jurisdiction unclear how regulator will police director capacity
High governance funds find success in low governance stocks
But the high/low governance spreads of stocks are positively related with non-hedge fund ownership
Hedge fund directors lack credibility, says survey
Investors say directors should provide active oversight
The 10 biggest energy risk management disasters of the past 20 years
The history of energy trading is littered with losses, bankruptcies and other misfortunes that now serve as cautionary tales. Alexander Osipovich looks back at the biggest energy risk management disasters of the past two decades and how they reshaped the…
Top 10 operational risks for 2014
Internal failures will prove as dangerous as external threats for the financial industry in 2014
BSI standard promises protection against bribery liability
New UK national standard will serve as a defence against charges of inadequate anti-bribery precautions
Regulatory compliance and independent governance top investor ODD agenda
Hedge fund investors are putting more emphasis on regulatory compliance and independent governance structures as part of their pre-investment and on-going operational due diligence says Deutsche survey
Cayman corporate governance reforms face legal challenge
Efforts to enhance the corporate governance framework for hedge funds in the Cayman Islands have run into opposition from local fund directors, who take issue with the regulator’s plans to create a public directors’ database
TNK-BP saga raises questions about BP's handling of political risk
Russian roulette
Activist hedge funds significantly improve company performance
Positive effect from activist intervention
GO European Focus Fund: Governance for Owners
Hedge fund manager sees value in activist investing
Cayman moves to tighten hedge fund corporate governance
The Cayman Islands Monetary Authority has begun a consultation on corporate governance of regulated hedge funds. The move should bring the financial centre closer in line with other jurisdictions.
Lords take Vickers to task over robustness of plans
Vickers faced fierce questioning on Independent Commission on Banking’s final report and recommendations; incentive for banks to cheat the system discussed
EBA to publish governance and op risk guidelines in September and October
EBA op risk specialist Bernd Rummel says the new European body has a busy schedule of work to implement CRD IV
Regulators blamed for strategic risk failings, says Risk.net poll
Poll respondents might be pointing the finger at supervisors but risk experts say corporate management itself is at fault
IRM tackles thorny issue of risk appetite in new consultation paper
IRM issues guidance for boards of directors of listed companies on how to set risk appetite and tolerance
Irish regulator lacked 'capacity and will' pre-crisis admits Elderfield
Ireland's chief regulator has provided more detail on the recent stress tests carried out by the central bank of Ireland and plans to increase the powers of the body